CPI inflation report will be released by Labor Department, while other data is delayed by shutdown

CPI inflation report will be released by Labor Department, while other data is delayed by shutdown


A large US flag is seen on the facade of the Department of Labor headquarters building in Washington DC, United States on September 8, 2025.

Celal Gunes | Anadolu | Getty Images

The Labor Department will bring back staff to work on a key consumer inflation report despite the ongoing federal government shutdown, CNBC has learned.

The department’s Bureau of Labor Statistics will “promptly resume” work on September’s consumer price index data, a White House official said. The report will come out at 8:30 a.m. ET on Oct. 24, nine days after it was originally scheduled, according to the BLS.

The department had originally paused work on the CPI report – which tracks a broad basket of goods and services for price changes over time — because of its shutdown plan, the official said. But the Social Security Administration needs third-quarter CPI data for calculating and publishing annual cost-of-living adjustments before Nov. 1.

Other BLS data releases including the nonfarm payroll report haven’t been published as originally intended since the federal government shutdown due to a lapse in funding. The Senate on Thursday failed to pass funding bills for the seventh time that would have ended the closure, which began last week.

Bloomberg News first reported that the BLS was calling employees back to work on the CPI data.

— CNBC’s Steve Liesman contributed to this report.

Correction: The Social Security Administration needs third-quarter CPI data for calculating and publishing annual cost-of-living adjustments before Nov. 1. An earlier version misstated the organization’s name.



Source

European markets open higher as earnings ‘super Thursday’ unfolds
World

European markets open higher as earnings ‘super Thursday’ unfolds

Illustration shows the logo of Deutsche Bank Brussels, Saturday 25 March 2023. Nicolas Maeterlinck | Afp | Getty Images LONDON — European stocks opened higher on Thursday, as traders focused on a raft of earnings reports from some of Europe’s biggest companies. The pan-European Stoxx 600 was up 0.35% shortly after 8:00 a.m. in London […]

Read More
China and the UK are attempting to reset their relationship — here’s how
World

China and the UK are attempting to reset their relationship — here’s how

Britain’s Prime Minister Keir Starmer addresses a business delegation following his arrival to China, at a hotel in Beijing on January 28, 2026. Carl Court | Afp | Getty Images After years of strained ties, China and the U.K. on Thursday pledged to develop a long-term strategic partnership following a high-stakes meeting between Chinese President […]

Read More
Deutsche Bank beats profit expectations in fourth-quarter earnings
World

Deutsche Bank beats profit expectations in fourth-quarter earnings

Deutsche Bank said Thursday it had record profits during the fourth quarter of 2025. The German lender’s fourth-quarter results statement showed net profit attributable to shareholders came in at 1.3 billion euros ($1.56 billion) for the three-month period. That beat the 1.12 billion euros forecast by analysts. Overall, Deutsche Bank’s group revenues came in at […]

Read More