
CPI Report: US Inflation Expected To Rise
Analysts predict that the U.S. Labor Department’s Consumer Price Index (CPI) will rise by 8% on a year-over-year basis in October, down from the 8.2% reported in September. Core CPI, which excludes food and energy prices, is forecast to be 0.5% against 0.6% last month. Thursday’s data will be the first of two inflation reports