US BLS cancels October CPI and Real Earnings releases

Economists must adjust models for missing October inflation data

Change
US Bureau of Labor Statistics cancelled the October 2025 CPI and Real Earnings releases because shutdown-related data were not collected.
Why it matters
BLS cannot retroactively collect the October reference-period survey data, leaving key inflation and earnings series unavailable.
Implications
  • Economists must revise inflation models without October CPI data — missing inputs weaken trend estimates
  • Market teams must adjust policy-rate assumptions around delayed November CPI — incomplete data increases pricing uncertainty

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