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US consumer price inflation report

Began Ended

The figures for October

  • Inflation, month on month+0.4%Expected 0.3% · before 0.6%
  • Core inflation, month on month+0.3%Expected 0.2% · before 0.3%

Official figures from the Bureau of Labor Statistics; expected and before as the economic calendar gives them.

How markets took it

  • US 10-year yieldup +12.3 bp

    2.0× a typical day’s moveUsually rises on a result like this, and it did.

  • Dollar indexup +0.51%

    1.4× a typical day’s moveUsually rises on a result like this, and it did.

  • S&P 500down −0.68%

    0.5× a typical day’s moveUsually falls on a result like this, and it did.

  • Golddown −0.74%

    0.5× a typical day’s move

  • Bitcoindown −1.06%

    0.5× a typical day’s move

  • Etherdown −2.79%

    0.9× a typical day’s move

Each line runs from an hour before it began to the end of our coverage; the thin upright rule marks when it came out. Moves are since it came out. Each line has its own scale, never tighter than half that market’s typical day, so a small move looks small.

A result like this: Core inflation comes in above forecast

Prices rising faster than expected would keep the chance of a Fed rate hike in view.

  • US 10-year yield Hotter inflation usually pushes bond yields, the return on government debt, higher.
  • Dollar index Higher US yields usually lift the dollar.
  • S&P 500 Stocks often fall when rate-hike expectations grow.

How markets usually take such a result, as our newsroom wrote it before the release. Tendencies, not a forecast.

As it happened

  1. Ended

    Our live coverage of this event ends here. Our stories on it stay on the front page.

  2. Our newsroom

    The US consumer price index for October rose 0.4% month on month, above the 0.3% expected. Core inflation rose 0.3%, against 0.2% expected, and both readings were above the September pace.

    Since the release at 13:30 UTC, the US 10-year yield rose 12.6 basis points, the dollar index gained 0.51%, and the S&P 500 fell 0.67%, while gold slipped 0.71%, bitcoin 1.02% and ether 2.78%.

  3. Markets

    Dollar index is up 0.5% since 13:30 UTC.

  4. Markets

    Ether is down 2.8% since 13:30 UTC.

  5. Our newsroom

    The US consumer price index rose 0.4% in October, more than the 0.3% expected, and core inflation rose 0.3% against 0.2% expected.

    Since the release began at 13:30 UTC, the US 10-year yield rose 10.9 basis points, the dollar index gained 0.24%, the S&P 500 fell 0.56% and gold dropped 0.69%.

  7. Our newsroom

    US consumer prices rose 0.4% in October from the month before, above the 0.3% expected and after a 0.6% rise. Core prices rose 0.3%, against 0.2% expected.

    Since the release began, the US 10-year yield has risen 10.3 basis points, the dollar index is up 0.19%, the S&P 500 is down 0.45% and gold is down 0.43%.

  8. Markets

    US 10-year yield is up 10 basis points since 13:30 UTC.

  9. Our newsroom

    The October consumer price report showed inflation rose 0.4% from September, above the 0.3% expected, and core inflation rose 0.3%, above the 0.2% forecast.

    Since the release began at 13:30 UTC, the 10-year yield is up 7.8 basis points, the dollar index has risen 0.23% and gold is down 0.49%, while the S&P 500 stays closed.

  10. Markets

    The first quarter hour since it came out: US 10-year yield is up 7 basis points; Dollar index is up 0.2%; Gold is down 0.4%; S&P 500 is closed for now.

  11. Our newsroom

    US consumer prices rose 0.4% in October, more than the 0.3% expected, and core prices rose 0.3% against 0.2% expected.

    Since the release at 13:30 UTC, the US 10-year yield has risen 4.5 basis points, the dollar index has slipped 0.03% and gold has gained 0.02%.

  12. The figures

    The official figures for October, from the Bureau of Labor Statistics. Inflation, month on month: +0.4%, against 0.3% expected; Core inflation, month on month: +0.3%, against 0.2% expected.

  13. Our newsroom

    The October consumer price report is due, and markets are waiting for it before it arrives.

    Since 13:30 UTC the dollar index is down 0.01% and gold is up 0.03%, while the S&P 500 and the US 10-year yield are closed.

  14. Live

    US consumer price inflation report: it is out at 13:30 UTC. We follow what it brings and how markets take it, here as it happens.

Written as it happens by our newsroom’s AI from our stories and the markets’ moves, and not read by a person before it is published; the market lines are written from the prices. Prices can be 15 minutes late. Not investment advice.

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