Wednesday , May 25 2022
Home / Doug Short Advisor Perspectives / Consumer Price Index: October Core Mostly Unchanged at 4.56%

Consumer Price Index: October Core Mostly Unchanged at 4.56%

Summary:
[unable to retrieve full-text content] The Bureau of Labor Statistics released the October Consumer Price Index data this morning. The year-over-year non-seasonally adjusted Headline CPI came in at 6.22%, up from 5.39% the previous month. Year-over-year Core CPI (ex Food and Energy) came in at 4.56%, up from 4.03% the previous month and is above the Fed's 2% PCE target.

Topics:
Jill Mislinski considers the following as important:

This could be interesting, too:

Ji Siqi writes China has 33 ways to get economy back on track, but critics say ‘adjusting zero-Covid strategy is key’

Ralph Jennings writes Coronavirus-driven order delays, US tariffs on China raise world PC prices. Is relief on the way?

Luna Sun writes China’s drive for tech independence gathers pace as US launches new Indo-Pacific strategy

Daniel Ren writes Coronavirus: Beijing cuts tax by 60 billion yuan to spur vehicle sales as ‘China’s Motown’ sits idle amid Covid-19 lockdown

[unable to retrieve full-text content]

The Bureau of Labor Statistics released the October Consumer Price Index data this morning. The year-over-year non-seasonally adjusted Headline CPI came in at 6.22%, up from 5.39% the previous month. Year-over-year Core CPI (ex Food and Energy) came in at 4.56%, up from 4.03% the previous month and is above the Fed's 2% PCE target.

Jill Mislinski
Jill has been working with Advisor Perspectives since 2012 and is currently their Research Director as part of Doug Short’s team. Her background is in mathematics and physics and she holds a Master of Science in Physical Science with a concentration in physics and astronomy from the University of Chicago.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.