Consumer Prices Unchanged in October From September

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Chris Wall Street responding to inflation data out this morning, what have you learned and you write? So investors did embrace the inflation data. This morning came in less than expected and show that the pace of these price gains is slowing as needed. So inflation was flat in October from September of 3.2% from a year ago according to the labor department and that 3.2% rise in October was less than the 3.7% increase in September. So trending in the right direction, gas prices cooled in October from this year's peak in September and cheaper used car prices and airfare costs also helped tame the pace of price gain.