# U.S. Inflation Hit 30-Year High in October

By Human Events · Published 2021-11-10 · News & Analysis › Economy · https://humanevents.com/news/u-s-inflation-hit-30-year-high-in-october

> U.S. inflation rose to a 30-year high in October: a 6.2 percent annual rate. The Labor Department said the consumer-price index increased at the fastest annual pace since 1990, the Wall Street Journal reports. Inflation also topped 5 percent for the fifth month in a row. The core price index, which excludes food and energy, \[…\]

U.S. inflation rose to a 30-year high in October: a 6.2 percent annual rate.

The Labor Department said the consumer-price index increased at the fastest annual pace since 1990, the *Wall Street Journal* [reports](https://www.wsj.com/articles/us-inflation-consumer-price-index-october-2021-11636491959?mod=djemalertNEWS). Inflation also topped 5 percent for the fifth month in a row.

The core price index, which excludes food and energy, climbed 4.6 percent in October, higher than the 4 percent increase in September.

Federal Reserve officials are watching inflation measures closely to predict whether the jump in prices will be temporary or long-lasting.