Consumer Price Index: October Headline at 7.75%, Smallest YoY Increase Since Jan 2020

The Bureau of Labor Statistics released the October Consumer Price Index data last week. The year-over-year non-seasonally adjusted Headline CPI came in at 7.75%, down from 8.20% the previous month. Year-over-year Core CPI (ex Food and Energy) came in at 6.28%, down from 6.63% the previous month.