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CPI declined by 0.08% sequentially, which is just slightly cooler than the 0.00% that was expected.
On an annual basis, prices grew 3.5%, lower than the 3.7% expected.
Core CPI grew 2.1%
Mostly a snooze.
Original post: Here comes October CPI…
Analysts are expected a goose egg on the headline 0.00% month over month change.
Ex energy, the number is supposed to tick up barely to 0.10%.
Remember,r yesterday, we got a surprisingly deflationary PPI report
Number out at 8:30.