US Oct CPI ex-food and energy 1.9% y/y vs 1.9% y/y expected

Highlights of the October US consumer price index

• Prior ex-food and energy y/y was +1.9%
• Ex food and energy 0.2% m/m vs +0.2% exp
• Overall CPI +0.2% y/y vs +0.1% exp
• Prior CPI 0.0% y/y
• Overall CPI 0.2% m/m vs +0.2% exp
• Prior CPI -0.2% m/m
• Real avg weekly earnings 2.1% vs 2.3% y/y prior

All very close to expectations but slightly higher on headline y/y CPI.