The annual rate of core CPI in October was 3.3%, which was in line with expectations.

According to Wu, the U.S. core CPI annual rate in October was 3.3%, in line with expectations and the same as the previous value.

The unadjusted CPI annual rate in September was 2.6%, which was also in line with expectations and higher than the previous value of 2.4%. CPI reached a three-month high, ending a six-month downward trend.