U.S. consumer prices offer mixed signals on inflation outlook

CORE CPI in October increased 2.1 percent from one year prior. / BLOOMBERG NEWS FILE PHOTO/ARIANA LINDQUIST
CORE CPI in October increased 2.1 percent from one year prior. / BLOOMBERG NEWS FILE PHOTO/ARIANA LINDQUIST
NEW YORK - An underlying measure of United States consumer prices picked up in October while trailing forecasts on an annual basis, offering mixed signs on inflation that will weigh on Federal Reserve discussions over the path of interest-rate increases. Excluding food and energy, the core consumer-price index rose 0.2 percent from the prior month,…

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