Geopolitics Alpha

Inflation Rises in October, Highest Since April

Published . Updated .

Key takeaways

  • Hungary’s inflation rate reached 2.0 percent year-over-year in October, its highest level since April.
  • Exposed: TIP, XLP, WMT, COST, PG
  • Market reaction: XLP −0.7% on the day (still updating); TIP −0.1% on the day (still updating); WMT −1.3% on the day (still updating)

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Inflation Rises in October, Highest Since April

Hungary’s inflation rate reached 2.0 percent year-over-year in October, its highest level since April. Following a rate of 1.6 percent in September, the increase was in line with market expectations. While the government emphasizes the country’s continued favorable position

Directly affected

  • No company is named in this report.

Indirectly affected

  • EEM iShares MSCI Emerging Markets ETF-2.9% 15d

    iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“hungary”).

  • EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d

    iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in emerging markets

  • EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.0% 30d

    VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from emerging markets.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EEM+1.72%-2.08%base+2.49%after closeafter closeafter close
EMB+0.39%-0.03%base-0.12%after closeafter closeafter close
EMLC+0.35%+0.04%base-0.39%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Inflation Rises in October, Highest Since April Hungary Today

Source: Hungary Today

Ishares Tr (TIP) since “Inflation Rises in October, Highest Since April,” compared with the market

CompanyWhenMoveStatus
EEMthat day+2.49%still updating
EEMthree days earlier-2.08%final price
EEMfive days earlier+1.72%final price
EMBthat day-0.12%still updating
EMBthree days earlier-0.03%final price
EMBfive days earlier+0.39%final price
EMLCthat day-0.39%still updating
EMLCthree days earlier+0.04%final price
EMLCfive days earlier+0.35%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares Tr (TIP)

Companies carried with this story

  • TIP Ishares Tr

    In “Inflation Rises in October, Highest Since April,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • XLP Select Sector Spdr Tr

    For “Inflation Rises in October, Highest Since April,” Select Sector Spdr Tr (XLP) is linked, with no stored direction, medium confidence. Reason on file: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • WMT Walmart

    Walmart (WMT) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Inflation Rises in October, Highest Since April.” Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • COST Costco Wholesale

    Costco Wholesale (COST) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Inflation Rises in October, Highest Since April.” Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • PG Procter & Gamble

    Procter & Gamble (PG) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Inflation Rises in October, Highest Since April.” Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • KO Coca Cola

    Coca Cola (KO) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Inflation Rises in October, Highest Since April.” Reason on file: The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

How “Inflation Rises in October, Highest Since April” reaches Ishares Tr (TIP)

On 11 Nov 2026, “Inflation Rises in October, Highest Since April” is the story that connects Ishares Tr (TIP) to this story.

Ishares Tr (TIP) is on the page because iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

Select Sector Spdr Tr (XLP) is here too. Its reason reads: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

Price levels for Ishares Tr (TIP)

TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27. WMT traded between 108.59 and 130.92 across 20 sessions. The latest close on file is 129.23. XLP traded between 80.10 and 82.50 across 6 sessions. The latest close on file is 81.02.

What the saved facts support for Ishares Tr (TIP)

46 out of 100Price not final

“Inflation Rises in October, Highest Since April” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.