Services Inflation Spiked to Second Highest in 4 Decades, Would Have Spiked to Highest, If Not Slowed by Biggest-Ever Mega-Adjustment of Health Insurance CPI | Wolf Street

Year-over-year, core CPI jumped 6.3%, along with several other months this year, the worst since 1982.

The all-items CPI rose 0.4% in October from September, same as in the prior month, and by 7.7% year-over-year, a deceleration from October.

Year-over-year, the CPI for food at home jumped by 10.9%, less terrible than the 13% jump in September.

After the decline in September, the CPI for energy products and services rose 1.8% in October from September, on rising gasoline prices and spiking heating oil prices. Year-over-year, the energy CPI jumped 17.6%:

Services Inflation Spiked to Second Highest in 4 Decades, Would Have Spiked to Highest, If Not Slowed by Biggest-Ever Mega-Adjustment of Health Insurance CPI | Wolf Street