The US Inflation Calculator website has been updated with the latest Bureau of Labor Statistics (BLS) data released Wednesday, November 19. The newest figures indicate that October’s annual rate of inflation declined to 3.7%. That compares to 4.9% in September and 5.4% in August. On a monthly basis, the Consumer Price Index (CPI) declined 1.0 percent. September was virtually unchanged while August declined 0.1%.
The Inflation Calculator has been updated to use the latest figures for calculation, as have the following pages:
An in depth look at the released Labor Department data follows at Consumer prices fall record 1%, inflation drops to 3.7%.