According to CoinMeta, data released on Tuesday by the U.S. Bureau of Labor Statistics ( BLS ) showed that the increase in prices of goods and services in the United States in October exceeded expectations, sounding the alarm once again for the Federal Reserve's efforts to reduce inflation. CPI rose 0.4% month-on-month, and the core CPI rose 0.3% month-on-month, both higher than market expectations. Due to the government shutdown last year, the Bureau of Labor Statistics was unable to collect sufficient data in October 2025, hence there is a lack of benchmark data available for year-on-year comparisons.