MockingbirdNews Logo

Mockingbird News

REAL NEWS NEVER FELT FUNNIER

Categories

The Gyst
Loading...

Bureau of Labor Statistics MIA in October, Gives Inflation a Timeout

Bureau of Labor Statistics MIA in October, Gives Inflation a Timeout
Photo by Declan Sun on Unsplash

KEY POINTS

  • •The Bureau of Labor Statistics skipped publishing October 2025 inflation data due to the government shutdown lasting from October to mid-November.
  • •November's inflation rate cooled to 2.7% year-over-year, missing the forecasted 3.1% and following a September rate of 3%.
  • •Job growth data released Tuesday showed mixed signals with better-than-expected job creation but higher unemployment than September.

In a plot twist that would make even the Federal Reserve raise an eyebrow, the Bureau of Labor Statistics (BLS) dropped the mic on October 2025 inflation data because the government shutdown from October to mid-November commandeered their report cards. November showed inflation cooling to 2.7%, way chillier than the predicted 3.1%, sending economists on a rollercoaster of emotions since last full data was September's 3%. Even food prices got the buffet treatment—dining out prices climbed 3.7%, like trendy restaurant inflation, while groceries barely nudged, up 1.9%. Housing costs cooled too, only rising 3%, way below September’s sauna-like 3.6%. Meanwhile, BLS released jobs data too, revealing a labor market mixed as the BLS scrambled to piece together their data puzzle after shutdown-induced blackout. Even the Federal Reserve, sipping metaphorical coffee, peeked at these numbers before deciding whether to cut interest rates again at their late January powwow. It’s inflation drama, episode: government shutdown chaos!

Share the Story

(1 of 3)
Swipe to navigate

Source: Businessinsider | Published: 12/18/2025 | Author: Madison Hoff