Inflation cooled last month as falling gasoline prices helped to offset rising rents.
Consumer prices in October were up 3.2% from a year ago, the Labor Department reported Tuesday. That’s a smaller annual increase than the month before when inflation clocked in at 3.7%.
Prices were unchanged between September and October. Gasoline prices tumbled 5% during the month, which helped to keep overall inflation in check.
Read this story now for free
To continue reading, sign up for our newsletter and get unlimited access to WABE.org
You can select your preferences for news and local content. We will never share your email address. Learn how your newsletter sign-up will support WABE and Public Media
