CPI Rose 0.4% in October; Core Index Rose 0.3%, BLS Says

The Consumer Price Index for All Urban Consumers rose 0.4 percent on a seasonally adjusted basis in October, the Bureau of Labor Statistics said in its release of Nov. 10. The index rose after "rising 0.6 percent in September," according to the release.

The index for all items less food and energy rose 0.3 percent in October, "as it did in September and August," the BLS said. Energy rose 0.7 percent over the month, following a 5.2-percent increase in September. Food climbed 0.5 percent; food at home rose 0.4 percent and food away from home rose 0.5 percent.

Shelter rose 0.3 percent, "accounting for over thirty percent of the monthly all items increase," the BLS said. It listed recreation, medical care, motor vehicle insurance, household furnishings and operations, and education among the indexes that increased. Used cars and trucks and communication were among the small number of major indexes that decreased.

The release carries a caveat on annual comparisons. The BLS said it did not collect survey data for the prior-year October because of a lapse in appropriations, and for most CPI series it could not publish indexes for that month. As a result, it said, it cannot publish 12-month percent changes for this October for indexes where the year-earlier data are unavailable.

Positioning data from the CFTC Commitments of Traders report predates the release. The COT report is published weekly and shows futures positions held by groups of large traders as of Tuesday, usually released the following Friday. The figures below are as of Nov. 3 and were published Nov. 6, so they were held before the CPI release. The 3-year COT index places the latest net position within its range over the past 3 years, where 0 is the lowest net position in that window and 100 the highest.

Large speculators held a net long of 14,190 contracts in ICE U.S. Dollar Index futures, up 69 contracts from the previous week, according to the CFTC data. The 3-year COT index stood at 79. The three-year high for that group was a net long of 22,499 contracts on Aug. 4, 2026, and the low was a net short of 16,347 on Nov. 25, 2025. More detail is on the US Dollar Index COT page.

In CBOT 10-year Treasury note futures, large speculators were net short 962,359 contracts, compared with a net short of 981,538 the week before, a weekly change of 19,179 contracts. The 3-year COT index was 22. The group's three-year range runs from a net short of 1,143,889 contracts on Oct. 1, 2024, to a net short of 307,692 on June 11, 2024. The 10-year note COT page carries the series.

Managed money in COMEX gold futures was net long 103,614 contracts, down 1,948 from the prior week, with a 3-year COT index of 38. The three-year high was 219,029 contracts on Sept. 24, 2024, and the low was 34,176 on Feb. 13, 2024. Details sit on the gold COT page, and the gold market page tracks the price.

Spot gold (XAU/USD) was at $4,044.92 as of 12:03 UTC on Nov. 11, 2026.