OctaFX | OctaFX Forex Broker
Open trading account

US CPI prices unchanged in October

FXStreet (London) - The US Consumer Price Index CPI) for All Urban Consumers (CPI-U) was unchanged in October on a seasonally adjusted basis, according to the U.S. Bureau of Labor Statistics. Over the last 12 months, the all items index increased 1.7 percent before seasonal adjustment.

The BLS reported that the all items index increased 1.7 percent over the last 12 months, the same increase as for the 12 months ending September. The index for all items less food and energy increased 1.8 percent over the span, and the food index rose 3.1 percent. In contrast, the energy index declined 1.6 percent over the last 12 months.

Gasoline and other energy indexes declined, offsetting increases in shelter and an array of other indexes to leave the seasonally adjusted all items index unchanged. The gasoline index fell for the fourth month in a row, declining 3.0 percent, and the indexes for natural gas and fuel oil also decreased.

United States Consumer Price Index Ex Food & Energy (MoM) came in at 0.2%, above forecasts (0.1%) in October

Read more Previous

EUR soft after the release of disappointing PMIs - Scotiabank

Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, notes that EUR is weak, down 0.2%, after failing to maintain its post FOMC rally to 1.2600 as the currency came under additional pressure on the release of disappointing Eurozone PMIs, with the flash composite dropping to a 16‐month low of 51.4, disappointing expectations.
Read more Next
Start livechat