Monthly Inflation Slipped to 0.4% in October, but Remains Higher Than Expected
A Wall Street Journal article by Matt Grossman reports that consumer prices climbed notably in October, extending the stubborn inflation that fed voters' sour economic mood before the elections. The Labor Department said prices rose 0.4% for the month, or 0.3% excluding food and energy, and published no year-over-year rate because data couldn't be collected during the year-ago government shutdown.