U.S. CPI Rose 0.4% in October as Rents and Grocery Prices Increased

U.S. consumer prices, measured by the Consumer Price Index (CPI), rose 0.4% on a seasonally adjusted basis in October, with shelter and food costs contributing to the increase ahead of the Federal Reserve’s December meeting.

The monthly increase was smaller than in September. Higher rents and grocery prices accounted for much of the monthly gain.

The U.S. Bureau of Labor Statistics released the figures Tuesday, Nov. 10, at 8:30 a.m. ET (13:30 UTC). Headline and core CPI lacked 12-month readings because October 2025 price data was unavailable for comparison. A 2025 government shutdown left the agency without that data; TokenPost previously explained why the October release lacked annual inflation readings.

The report was the last scheduled CPI release before the Federal Reserve’s Dec. 8-9 meeting.