October CPI inflation up 0.2% to a 2.6% annual rate, meeting expectations
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Nov. 13 (UPI) -- Consumer Price Index inflation increased 0.2% in October for an un-adjusted annual rate of 2.6%, meeting expectations, according to the Bureau of Labor Statistics. Both the monthly and annual inflation rate met Dow surveyed economists expectations . Advertisement "The index for shelter rose 0.4% in October, accounting for over half of the monthly all items increase," the BLS said in a statement . "The food index also increased over the month, rising 0.2% as the food at home
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