The United States reported a monthly inflation rate of 0.4% for October 2026, the data showed. The reading came in above the market forecast of 0.3%. It was, however, lower than the previous period’s figure of 0.6%.
What the figure measures
The monthly inflation rate tracks how much consumer prices have changed from one month to the next. A reading of 0.4% means that, on average, prices across the measured basket of goods and services rose by that amount over the month. Because the figure covers a single month, it can swing sharply and is watched closely by economists and policymakers for signs of a shift in price pressures.
Compared with the forecast, the print was above expectations, meaning prices rose slightly faster than analysts had anticipated. Against the previous period, the reading was lower, indicating that monthly price growth slowed from the earlier figure of 0.6%.
Release
The data was released at 13:30 GMT on 10 November 2026. The reference period covered October 2026.
Separately, the US annual inflation rate stood at 3.7% in the September 2026 reading, which was near its 31-day high.
Related: US core inflation rate MoM Rises to 0.3% Against 0.2% forecast
Data: FRED — St. Louis Fed
