October CPI Comes In Tame

hose fire water

Photo: Wikimedia Commons

Update:Pretty tame.

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.

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