Price pressures in the U.S. services sector eased modestly in October, according to the latest ISM Non-Manufacturing Prices index data released on 4 November 2026. The index slipped to 73.0 in October 2026 from 74.0 in September 2026.
While the decline is small, the reading remains elevated, indicating that service providers continue to face strong input cost pressures, albeit at a slightly slower pace than the previous month. The ISM Non-Manufacturing Prices index is closely watched by markets and analysts as a gauge of inflationary trends within the broader U.S. services economy.
October’s move suggests a marginal cooling in price growth rather than a decisive shift, leaving investors attentive to upcoming data for clearer signals on the trajectory of U.S. inflation and potential implications for future monetary policy decisions.
