Veytics Intelligence
2026-11-09 · CNBC

A key report for where inflation stood in October comes out Tuesday. Here's what to expect

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Falling gasoline prices provided some relief to consumers in October, but Federal Reserve officials are increasingly concerned that inflation pressures elsewhere in the economy are proving harder to contain. Prices at the pump declined by more than 4%, according to the Energy Information Administration, providing a respite from a surge that had added more than a dollar a gallon over the past year. However, the consumer price index for the month, which the Bureau of Labor Statistics will release Tuesday at 8:30 a.m., is expected to show only a slight let-up.

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