September CPI data

  • Prior was +1.3% y/y
  • Ex food and energy +1.7% vs +1.7% exp
  • Prior ex food and energy +1.7%
  • CPI m/m +0.2% vs +0.2% exp
  • CPI m/m ex food and energy +0.2% vs +0.2% exp
  • Avg weekly earnings +4.1% vs +3.9% exp
  • Avg hourly earnings +3.3% +3.2% prior

These numbers are all very close to expectations.