Consumer prices rose 1.2% in the 12 months to October, matching the increases in August and September. Energy prices rose at a slower year-over-year rate in October compared with September, while air transportation, food purchased from stores and property taxes posted larger price gains. Energy prices Energy prices advanced 1.7% in the 12 months to October, after rising 2.9% in September. This slower increase was led by smaller price gains for electricity and gasoline. The cost of electricity increased 1.7% on a year-over-year basis in October, after rising 6.0% in September. This smaller increase in the electricity ... (full story)