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Source: https://www.cnbc.com/2021/11/10/consumer-price-index-october.html

From the article:

Inflation across a broad swath of products that consumers buy every day was even worse than expected in October, hitting its highest point in more than 30 years, the Labor Department reported Wednesday.

The consumer price index, which is a basket of products ranging from gasoline and health care to groceries and rents, rose 6.2% from a year ago. That compared to the 5.9% Dow Jones estimate.

On a monthly basis, the CPI increased 0.9% against the 0.6% estimate.

Here are some FRED charts showing the latest data in historical context:

Consumer Price Index for All Urban Consumers

CPI Rate of Inflation



Submitted November 10, 2021 at 09:18AM by floof_overdrive https://ift.tt/3n38AzM

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