U.S. Annual Inflation Rises to 1.8%; Consumer Prices in October Mark Quickest Pace in 7 Months

U.S. consumer prices in October rose the most in seven months as American paid more for a variety of items, including food, gasoline, recreation, and medical care, a government report showed Wednesday, Nov. 13.

 

On an annual basis and what has become a matching pattern since May, food prices increased while energy prices declined. Continue reading U.S. Annual Inflation Rises to 1.8%; Consumer Prices in October Mark Quickest Pace in 7 Months