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US Inflation Remains Muted in October

From blog.commonwealth.com

Last week was relatively quiet on the economic update front, with a focus on October’s inflation reports, the weekly initial claims report, and the first look at consumer confidence in November. This week will be busier, with releases on retail sales, industrial production, and housing. Last Week’s News On Thursday, October’s Consumer Price Index was released. This measure of consumer inflation came in below expectations for the month, with prices remaining unchanged against calls for a 0.1 percent increase. Core consumer prices, which strip out the impact of volatile food and energy prices, also remained unchanged, ... (full story)

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