October 2018 US CPI inflation data 14 November 2018

  • Prior 2.3%
  • 0.3% vs 0.3% exp m/m. Prior 0.1%
  • Core 2.1% vs 2.2% exp y/y. Prior 2.2%
  • 0.2% vs 0.2% exp m/m. Prior 0.1%
  • Real average weekly earnings 0.1% vs 0.2% exp m/m. Prior 0.2%. Revised to -0.1%
  • 0.9% vs 1.1% prior y/y
  • Hourly earnings 0.7% vs 0.5% prior y/y

The loss on the core is the main bad news but it’s only a tick. Wages look ok but with a soft edge. Nothing to ratlle the Fed but also nothing to get hawks squawking.

Ryan Littlestone

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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