U.S. October CPI Rises 0.4% as Headline and Core Beat Forecasts

U.S. consumer prices rose 0.4% in October and core prices increased 0.3%, both above forecasts.

The headline Consumer Price Index had been expected to increase 0.3% from September. The core measure, which excludes food and energy, was forecast to rise 0.2%. Both October readings are seasonally adjusted.

Headline CPI slowed from a 0.6% monthly rise in September. Core CPI matched September’s 0.3% gain.

The shutdown in October 2025 left the index incomplete, and the report did not include year-over-year figures.