The Wall Street Journal reports:
The consumer price index rose 0.3% in October, the Labor Department said Thursday, matching September's increase. The core CPI, which excludes volatile food and energy prices, advanced 0.2% for a fifth-straight month. The headline and core gains matched Wall Street expectations, according to a Dow Jones Newswires survey.
Unrounded, the CPI rose 0.293% last month. The core CPI advanced 0.159% unrounded.
Consumer prices were up 3.5% from a year ago. The core CPI was up 2.2% compared to the same month a year ago, up from 2.1% in September.
Still, that remains near the 2% top end of the Federal Reserve's assumed comfort zone for annual core inflation. The Fed's preferred gauge, the core price index for personal consumption expenditures, is within that range
Related Headlines
- 99 Cents Only Stores (NDN) not cutting it on Wall Streetposted 827 weeks ago on The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Marke
- Sears Holdings Brand and Land Valuesposted 828 weeks ago on The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Marke
- Value Investing 101 - Bill Miller's Q3 Letterposted 827 weeks ago on The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Marke
- JP Morgan likes Crocs (CROX), should you?posted 827 weeks ago on The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Marke
- Six Flags' Next ride: $1 a share free-fallposted 827 weeks ago on The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Marke
- Sirius (SIRI) shareholders dig the XM Satellite mergerposted 827 weeks ago on The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Marke
- Shoe Pavilion (SHOE) balks the earnings callposted 827 weeks ago on The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Marke
- Land a few points with Vonage (VG) sharesposted 828 weeks ago on The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Marke
- Dendreon's Q3 Conference Call happens todayposted 827 weeks ago on The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Marke
- E*TRADE gets spanked again, Subprime styleposted 827 weeks ago on The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Marke