Option Millionaires

[uranium-pinto-beans]

The 0.2% October U.S. CPI headline and core price gains
The 0.2% October U.S. CPI headline and core price gains both beat estimates, with little in the way of rounding errors from respective gains of 0.200% and 0.202%. Analysts saw the expected small 0.3% energy price rise with a 0.2% food price gain, but medical care prices surged 0.8% alongside a firm 0.4% tobacco price rise. Analysts expect lean 0.1% November CPI headline and core price increases, with a downward tilt in gasoline prices into the end of the month. Analysts expect 0.2% PCE headline and core chain price gains that match today's CPI figures. Analysts expect a 0.4% October nominal PCE rise with a 0.2% "real" increase, with restraint signaled by the lean 0.1% October retail sales rise with a larger 0.3% increase excluding gasoline, autos, and building materials. Today's CPI figures outperformed the surprising 0.4% October PPI drop with a 0.3% core price decline. Last week's trade price report revealed a second-month of diminished price pressure in October after a big August hit, as food and petroleum prices fell modestly after a big mid-year downswing alongside small "core" price declines