{
  "id": 19363510,
  "title": "US inflation runs hotter than expected as higher prices extend beyond gas station",
  "url": "https://urgent.news/2026/11/10/us-inflation-runs-hotter-than-expected-as-higher-prices-extend-beyond-19363510",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T17:07:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/world/20261111/us-inflation-runs-hotter-than-expected-as-higher-prices-extend-beyond-gas-station"
  },
  "original_language": "en",
  "account": "The U.S. inflation rate surged above expectations in October, with the Consumer Price Index (CPI) increasing by 0.4% compared to September, according to a report released by the Labor Department on Tuesday. This figure, while slightly lower than the 0.6% rise in the prior month, still exceeded predictions and threatens to linger as a persistent issue for the White House and the Federal Reserve.\n\nThe government did not disclose the annual inflation rate for 2025, as the previous year's government shutdown prevented the release of relevant data for October. However, when excluding volatile food and energy categories, core prices still rose by 0.3% compared to the previous month, maintaining a steady pace of growth. Both the month-over-month and year-over-year figures were 0.1 percentage points higher than the forecast, and at an annualized rate, they would significantly surpass the Federal Reserve's 2% target.\n\nThe new inflation data has heightened concerns among policymakers and economists that robust consumer and business spending, coupled with higher gas prices and supply disruptions caused by tariffs and global tensions, are generating inflation that may prove more enduring than temporary price surges at the gas pump. As the economy has grown, this wider inflationary pressure could pose significant challenges for the administration and the central bank in their efforts to maintain price stability.",
  "summary": "WASHINGTON — U.S. inflation was higher than expected last month as the rising prices that powered sweeping Democratic victories in last week’s midterm elections appear likely to pose ongoing challenges for the White House and the Federal Reserve. The consumer price index rose 0.4 percent from September to October, the Labor Department said Tuesday, down from 0.6 percent the previous month. The…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "PBS NewsHour",
        "title": "Inflation runs hotter than expected as higher prices extend beyond the gas station",
        "url": "https://urgent.news/2026/11/10/inflation-runs-hotter-than-expected-as-higher-prices-extend-beyond",
        "published": "2026-11-10T17:59:58.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}