October consumer price index rises 0.4 percent in United States
Image: NewsBTCThe Bureau of Labor Statistics reported that the Consumer Price Index for October increased by 0.4 percent. This figure surpassed the 0.3 percent monthly increase economists expected. Core prices increased 0.3 percent. The headline figure slowed from September's 0.6 percent increase. The report lacks a year-on-year October CPI rate due to data collection disruptions from a federal shutdown.
Key points
- The report does not include a year-on-year October CPI rate due to data collection disruptions during a federal shutdown.
- The headline figure slowed from September's 0.6 percent increase.
Why it matters
Changes in interest rate expectations and Treasury yields can influence risk appetite and the cost of capital for digital asset markets.
Price context · BTC
At publication
$73,153.00
Now
$73,201.00
Change since
+0.07%
7 days · dashed line = publication
Sources · 2 publishers
Crypto Briefing
Tier 2
U.S. October CPI rises 0.4%, surpassing 0.3% consensus
Crypto Briefing
Tier 2
US core inflation rose 0.3% monthly, overall inflation climbed 0.4%
Crypto Briefing
Tier 2
US CPI rises 0.4% in October, above estimate but below previous month
Crypto Briefing
Tier 2
Monthly US inflation rose 0.4% in October
NewsBTC
Tier 2
Bitcoin Faces a Tougher Rate Outlook After US October Inflation Rises 0.4%
Coverage timeline
- First reported by Crypto Briefing
- Also reported by NewsBTC
- CryptoVideos brief published
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