October Price Data Unlikely to Be Released, White House Says (1)

The US government will probably be unable to release inflation data for October, the White House said Friday, citing the ongoing government shutdown.

The funding lapse is preventing surveyors from deploying to the field, “depriving us of critical data,” the White House posted on X. It would be “the first time in history” the information is not published, the White House said.

WATCH: US consumer sentiment fell in October as the White House says inflation data for October may not be available.

Source: Bloomberg

“Democrats choosing to keep the government closed will likely result in no October inflation report, which will leave businesses, markets, families, and the Federal Reserve in disarray,” White House Press Secretary Karoline Leavitt wrote in a ...