US inflation higher than expected in October - here's what is happening with prices

Over the month of October, prices rose by 0.4%, driven by increases in housing, food and energy costs.

However, the pace of energy price rises, at 0.7% in October, was much lower than the 5.2% increase seen in September.

While the Bureau of Labor Statistics would normally provide figures for the 12-month change in prices, it did not collect data in October 2025 so it could not provide that estimate.

For the 12 months to September, inflation was 3.7%.

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