Inflation accelerated in October, offering first look at prices since election [Video]

Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the cooldown achieved in recent months, U.S. Bureau of Labor Statistics data on Wednesday showed. The fresh report matched economists’ expectations.

The latest update offered a look at price increases little more than a week after the issue appeared to help former President Donald Trump win re-election. The data snapped a streak of six consecutive months of cooling inflation.

Core inflation — a closely watched measure that strips out volatile food and energy prices — increased 3.3% over the year ending in October, matching the previous month, the data showed.

Food prices climbed 2.1% over the year ending in October, marking a slower increase than the overall rate.

Prices fell over the past year for some …