Business & Finance
Food, Gas Prices Push October CPI Higher
Key Points
Nov 10th, 2026 Food, Gas Prices Push October CPI Higher Food and energy prices drove the consumer price index higher for October, likely keeping the Federal Reserve on track to raise interest rates next month. Grocery, gasoline and electricity prices all rose.
Nov 10th, 2026
Food, Gas Prices Push October CPI Higher
Food and energy prices drove the consumer price index higher for October, likely keeping the Federal Reserve on track to raise interest rates next month. Grocery, gasoline and electricity prices all rose. Tiffany Wilding, Pimco economist, says higher energy prices are causing companies to pass along the costs to consumers.