The Consumer Price Index increased 0.2 percent in October, according to the U.S. Bureau of Labor Statistics.
The index has increased 1.2 percent over the last 12 months.
In line with the last few months, October’s increase was primarily due to an increase in the energy index.
The gasoline index rose for the fourth consecutive month, and accounted for almost 90 percent of the overall increase.
The household energy index and the food index rose slightly, with the food at home index unchanged.
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Without the volatility of food and energy prices, the index was essentially unchanged for the third straight month.
