The Consumer Price Index (CPI), a key measure of inflation, revealed that year-over-year (YoY) growth in October remained unchanged at 2.6%, meeting market expectations.

Digging deeper, the core CPI, which excludes volatile food and energy prices, also held steady at 3.3% YoY, matching the previous month's figure and the forecasted estimate.

On a month-over-month (MoM) basis, the CPI increased by 0.2%, mirroring the previous month's pace and aligning with the market's projections. Similarly, the core CPI registered a 0.3% MoM rise, in line with both the previous month's data and the consensus estimate.