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Consumer Prices Unexpectedly Fall in October

Business Insider (11/20/13) Steven Perlberg

The consumer price index declined 0.1% in October after rising 0.2% in September. Economists had forecast no increase. CPI fell to 1.0% year-to-year from 1.2% in September, which was in line with economists’ forecasts.

CPI excluding food and energy increased 0.1% in October from a month earlier, and the year-to-year growth rate was unchanged from September at 1.7%, which was in line with economists’ forecasts.