US prices rose 0.4% in October, with no yearly inflation rate. Bitcoin fell 1.4% on the day
October's consumer price index, out November 10, slowed from September's 0.6% jump. The Labor Department could not publish the usual 12-month rate because it collected no data in October 2025. Bitcoin dipped about 0.6% in 20 minutes around the release and ended the day near $73,650.
Key points
- The consumer price index rose 0.4% in October after seasonal adjustment, down from 0.6% in September. Core prices, without food and energy, rose 0.3% for a third month.
- There is no 12-month headline rate this time: the Bureau of Labor Statistics (BLS) did not collect October 2025 data because of a lapse in government funding. September's yearly rate was 3.7%.
- Bitcoin fell from about $74,240 at 8:25 a.m. ET to $73,795 at 8:45 a.m., CoinGecko data show, and was near $73,650 at midnight, down about 1.4% on the day.
A smaller rise than September
US consumer prices rose 0.4% in October after seasonal adjustment, the Bureau of Labor Statistics (BLS) said at 8:30 a.m. ET on Tuesday, November 10, 2026. In September they rose 0.6%, the September release shows.
Core CPI leaves out food and energy because they swing a lot. It rose 0.3% in October, the same as in August and September.
The big change was fuel. Energy prices rose 0.7% in October after jumping 5.2% in September. Gasoline rose 1.0% after 9.1%.
Why there is no yearly number
Most people know inflation as a yearly rate, such as September's 3.7%. This month that headline is missing. The release says BLS "did not collect survey data for October 2025" because of a lapse in appropriations, meaning a gap in government funding. Without October 2025 prices, BLS says it cannot publish 12-month changes for indexes where that data is missing.
Its summary table still lists a few yearly figures, before seasonal adjustment: gasoline up 37.4% and used cars and trucks down 3.3%.
What rose and what fell
Food prices turned up. They rose 0.5% in October after no change in September, and food at home rose 0.4% after a 0.1% dip. Electricity rose 0.9%, while piped gas for homes fell 0.8%.
Shelter, the largest part of the basket, rose 0.3%, a little slower than 0.4% in September. Recreation rose 0.8% and car insurance 0.7%. Used cars and trucks fell 1.2%, and communication slipped 0.1%.
Other prices moved less. Medical care rose 0.3%, new vehicles 0.2% and apparel 0.1%, the release shows. Before seasonal adjustment, the all-items index stood at 337.511 (1982 to 1984 prices = 100), up 0.2% from September. Wage earners' prices, measured by the CPI-W, rose 0.1% on the same basis.
US CPI, monthly change, October vs. September 2026
%
Seasonally adjusted. Source: US Bureau of Labor Statistics, CPI release, November 10, 2026
How bitcoin moved
Bitcoin slipped after the release (new to bitcoin? Read our guide). CoinGecko five-minute data puts it at about $74,240 at 8:25 a.m. ET and $73,795 at 8:45 a.m., a drop of about 0.6%. It then climbed back to about $74,560 by 10:05 a.m.
The gain did not last. Bitcoin fell to about $72,960 by 10:45 a.m. and touched about $72,840 at noon in CoinGecko's hourly data. CoinGecko's price data does not show why it fell, and we do not guess. At midnight it was near $73,650, about 1.4% below its price at the start of Tuesday. CoinGecko showed about $73,765 early on November 11, down 1.2% in 24 hours.
What comes next
The next CPI report, for November, is due Thursday, December 10, 2026, at 8:30 a.m. ET, BLS says.
LC Insight analysis
This section is our reading of the facts above, not a statement of fact.
- We think a 0.4% monthly rise is still fast: kept up for a year it would mean prices nearly 5% higher. The slowdown from September came mostly from fuel, which can swing back. This is not investment advice.
- The missing yearly number makes this report harder to read at a glance. The likely result is more attention on the monthly core figure, which has sat at 0.3% for three months.
What's next
- November CPI on December 10, 2026, 8:30 a.m. ET
- Whether gasoline keeps rising after a 1.0% October gain
- Bitcoin against the $72,840 low CoinGecko recorded at noon ET on November 10
Disclaimer. This article is based on public information and the sources listed below as of the update time shown. It is for information only and is not investment, legal or tax advice. Figures may change as companies and authorities publish new data.
Sources
- US Bureau of Labor Statistics, Consumer Price Index, October 2026 (released November 10, 2026, 8:30 a.m. ET)
- US Bureau of Labor Statistics, Consumer Price Index, September 2026 (released October 14, 2026)
- CoinGecko API, bitcoin five-minute and hourly prices, November 10, 2026 (read November 11, 2026, 12:45 a.m. ET)
- CoinGecko, Bitcoin (BTC) price (read November 11, 2026, 12:44 a.m. ET)
