It’s the first time since March annual inflation was up month-over-month, with inflation coming in at a 3.5-year low of 2.4% last month. Core inflation, which excludes more volatile food and energy subindexes, was 3.3% in October, matching forecasts of 3 ...

Inflation rose slightly in October in line with economists' expectations, as the consumer price index was up 2.6% from a year ago and 0.2% compared with last month.

The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.