{
  "id": 19375450,
  "title": "What got more expensive for US consumers in October?",
  "url": "https://urgent.news/2026/11/10/what-got-more-expensive-for-us-consumers-in-october",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T18:37:26.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/what-got-more-expensive-for-us-consumers-in-october-5016525"
  },
  "original_language": "en",
  "account": "In October, US consumer prices experienced a significant increase, surpassing expectations and prompting financial markets to anticipate aggressive interest rate hikes from the Federal Reserve. Among the various categories, some saw notable price increases, while others had been on a downward trend. Public transportation services, particularly intracity transportation such as mass transit rider fees, saw the largest rise in six years, with prices increasing by 2.0% in October compared to the previous month. Although motor vehicle insurance costs had started to decline after several years of increases, they rose sharply in October. Medical care services costs saw the most substantial increase in three months during October. Smartphone prices, tracked only since 2020, had mostly seen declines up until that point, but in October, they surged to the highest increase ever recorded. TVs, one of the few categories with persistent price declines, experienced one of the biggest price increases on record in October. The overall increase in food and grocery prices was the most notable in six months, with baby food and infant formula prices rising by the most ever.",
  "summary": null,
  "key_points": [
    "Public transportation services prices rose 2.0% in October.",
    "Medical care services costs increased most in three months.",
    "Smartphone prices saw highest increase ever recorded in October."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}