US inflation may have picked up in October after months of easing
Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years. Measured month to month, prices are believed to have ticked up 0.2% from September to October, the same as in the previous month. Excluding volatile food and energy costs, so-called core prices are forecast to have risen 3.3% from a year earlier, unchanged from the previous month.