Consumer price rises were down from 3.7% in September continuing a downward trend from high of 9.1% in June 2022
The rate of US consumer price rises cooled in October amid lower gasoline prices and slowing increases in housing costs.
The annual rate of inflation measured by the Consumer Price Index (CPI) – which tracks the cost of a basket of goods and services – slowed to 3.2% last month, lower than the 3.7% reading in September and the coolest rate since July.
More Stories
Italy seeks to protect restaurants and hotels from fake and paid-for reviews
Bodies recovered from illegal goldmine in South Africa where many feared dead
Billion-dollar video game: is this the most expensive piece of entertainment ever made?