U.S. annual consumer inflation ticks up to 2.6% in October
The annual consumer inflation rate in the U.S. accelerated to 2.6% in October, matching market forecast, according to official data released on Wednesday. Increasing for seven consecutive months, the figure was up from 2.4% in September which was the lowest rate since February 2021. The annual decline in energy prices slowed in October by 4.9%…