Justin Sullivan | Getty ImagesThe consumer price index is expected to have risen nearly 6% in October, the most in three decades. "We've got some unusual distortions with used car prices, airfares going up and hotel room rates rising," she added. "You could get some surge prices in services, at the same time you had a snapback in used car prices and new car prices also went up because demand went up with the flooding" from summer hurricanes. Used car prices were a culprit behind rising inflation in the spring. Rising prices that stickThe spike in consumer prices is hotter and more enduring than many economists, and the Federal Reserve, had initially expected.
