US OCTOBER CPI DUE TUESDAY: ECONOMISTS EXPECT SLOWER MONTHLY PRICE GROWTH

The US October Consumer Price Index (CPI) report is due Tuesday, with economists expecting slower monthly price growth. The Bloomberg survey median forecasts headline CPI to rise 0.3%, half September's 0.6% increase, while core CPI is expected to advance 0.2%, its smallest monthly gain in three months. No year-on-year comparison is available because the Bureau of Labor Statistics did not publish an October 2025 CPI report. Separately, Bloomberg Economics projects headline CPI growth of 0.25% and core CPI growth of 0.24%, compared with 0.65% and 0.33% in September. Used vehicles, consumer electronics and owners' equivalent rent are among the components expected to record slower price increases. The October report will be the final inflation release before the Federal Reserve's December policy meeting, as investors assess the outlook for interest rates.

9 Nov 20261 min read

Daily Market Update November 9, 2026

US OCTOBER CPI DUE TUESDAY: ECONOMISTS EXPECT SLOWER MONTHLY PRICE GROWTH

The US October Consumer Price Index (CPI) report is due on Tuesday. The Bloomberg survey median forecasts headline CPI rising 0.3% month-on-month, half September’s 0.6% increase, which was the largest monthly gain since April.

Core CPI is also expected to moderate, with the Bloomberg survey median projecting a 0.2% monthly increase. This would mark the smallest monthly advance in three months.

The Bureau of Labor Statistics (BLS) did not publish an October 2025 CPI report, so no year-on-year comparison is available for October, according to Bloomberg.

Separately, Bloomberg Economics forecasts headline CPI growth of 0.25% month-on-month and core CPI growth of 0.24%, compared with 0.65% and 0.33% in September. Its analysis identifies used vehicles, consumer electronics and owners’ equivalent rent among the components expected to record slower price increases.

The October CPI report will be the last inflation release before the Federal Reserve’s December policy meeting. Investors expect policymakers to raise interest rates at that meeting, according to Bloomberg.

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