# US petrol prices fall, but inflation remains elevated

https://mins.news/en/item/137741

- Al Jazeera, 2026-11-10 17:40 UTC
- Economy
- Original: https://www.aljazeera.com/news/2026/11/10/us-petrol-prices-are-down-but-elevated-inflation-continues?traffic_source=rss

> US consumer prices rose 0.4 percent in October, above forecasts, while housing and food costs also increased. Petrol prices eased as concerns about the long-term effects of the Strait of Hormuz closure subsided, but remained well above a year earlier. The article says the Iran war and its economic impact figured among voters’ key concerns in the midterm elections.

## Related coverage

- [US October CPI rises more than expected](https://mins.news/en/video/137398) — Bloomberg Television, 2026-11-10
- [U.S. consumer prices rose 0.4% in October, above expectations, complicating Fed’s inflation fight](https://mins.news/en/item/137340) — CNBC, 2026-11-10
