# US prices rose 0.4% in October as petrol costs eased

- URL: https://talkfuse.com/story/us-inflation-rose-0-4-in-october-as-price-increases-cooled-and-gas-costs-dipped/
- Published: 2026-11-10T13:36:16+00:00
- Updated: 2026-11-10T14:40:59+00:00
- Original publisher: The Guardian (publisher lean: Left)
- Original article: https://www.theguardian.com/business/2026/nov/10/october-inflation-report
- Topics: Americas, Business, Economy, Elections, Politics, World

## Key points

- US prices rose 0.4% in October.
- Monthly inflation cooled from September’s 0.6%.
- Gas eased, but remained well above last year’s price.

## Summary

US inflation rose 0.4% from September to October, a slower monthly increase than September’s 0.6%, as gas prices eased. The figures matter politically after Republicans’ midterm losses were widely viewed as reflecting voter frustration with high prices, and as the Federal Reserve considers further interest-rate rises.

The Bureau of Labor Statistics did not provide the usual annual inflation rate because it lacked October 2025 data, which was not collected during a government shutdown. Gas averaged $4.22 a gallon by the end of October, down from $4.41 at the start, but remained more than $1 higher than a year earlier; the pump price later fell below $4. Inflation has been above an annualised 3% since the Iran war began in late February, while the Fed’s target is 2%.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.