New inflation report shows prices rose in October
Summary
U.S. consumer prices rose more than economists expected in October, according to the latest Consumer Price Index report. A separate report showed that national gasoline prices fell.Key Facts
- The Consumer Price Index report showed consumer prices increased in October.
- The October increase exceeded economists’ expectations.
- A separate report showed a decline in national gasoline prices.
- CBS News correspondent Megan Cerullo reported on the inflation and gasoline-price reports.
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