CPI COMES IN BELOW EXPECTATIONS

CPI was just released! Here's what you need to know:

All information sourced from Bureau of Labor Statistics 

HEADLINE NUMBERS:

• CPI for October came in at 7.7% (YoY) below expectations of 7.9%

• CPI for October came in at 0.4% (MoM) below expectations of 0.6%

• Core CPI for October came in at 6.3% (YoY) above expectations of 6.5%

• Core CPI for October came in at 0.4% (MoM) above expectations of 0.6%

Month-over-Month Inflation Each Month Over the Last 12 Months:

CPI by Category:

Here's a condensed version of the year-over-year change:

The Next CPI Release:

The next CPI report will be released on Tuesday, December 13th at 8:30 AM ET

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