WASHINGTON – In the largest monthly decline since 1947, the consumer price index fell 1% last month, the Labor Department reported today.

The CPI was 3.7% higher than October 2007. In September, consumer prices were unchanged.

Excluding food and energy costs, the CPI fell 0.1% in October after rising .1% in September.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.