Consumer Prices Rise 0.2% in October

By Rex Nutting, MarketWatch

U.S. consumer prices rose 0.2% in October as higher prices for shelter, food, natural gas and medical care offset a big drop in gasoline prices, the Labor Department said Wednesday.

The core consumer price index, which excludes volatile food and energy prices, also rose 0.2%, breaking a string of five straight 0.1% readings.