U.S. Inflation Slows in October but Rises More Than Economists Expected

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U.S. inflation rose 0.4% in October, exceeding economists’ forecast but slowing from September’s 0.6% increase as energy and gasoline price gains eased. (Foto: Instagram)

U.S. inflation rose 0.4% in October, according to figures released by the Bureau of Labor Statistics. The increase was higher than the 0.3% economists had forecast, though it marked a slowdown from September’s 0.6% rise.

The October figure was still considered high, but the pace of price increases eased from the previous month. The slowdown coincided with a deceleration in increases in energy and gasoline prices.

The assessment cited in the report is that the U.S. war against Iran in the Middle East continues to put upward pressure on inflation. Inflation has been above 3% annually since the conflict began in late February, while the country’s target is 2% per year.

No 12-month inflation rate was released. A government shutdown in October 2025 meant the relevant data were not collected, preventing an annual comparison.

In September, the Federal Reserve raised interest rates for the first time since 2023. Another increase is expected after the central bank’s next policy meeting, scheduled for December. The October inflation report also affected Brazil’s market, where the dollar traded higher.

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