The U.S. October CPI will be released tonight at 21:30, and the year-on-year data will be missing

The U.S. October CPI inflation report will be released at 21:30 Beijing time, but this report will lack the year-on-year data for CPI and core CPI.

The reason is that the U.S. government shutdown in October 2025 prevented staff from collecting price data for that month, resulting in a lack of reference for this year. The U.S. Bureau of Labor Statistics is unable to calculate year-on-year data, and the market can only rely on month-on-month data to assess the inflation situation.

Economists expect that the U.S. October 2026 CPI will rise by 0.3% month-on-month, and core CPI will rise by 0.2% month-on-month, with growth rates cooling down.