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Headline CPI Seen +0.3%; Core Up....>

US DATA PREVIEW
MNI (London)
US DATA PREVIEW: Headline CPI Seen +0.3%; Core Up 0.2%
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-Oct. consumer inflation expected +0.3% after flat reading in Sept. Gas prices
rebounded in Oct. after two months of decline, likely offsetting weakness in
total energy prices 
-Core CPI seen +0.2% after Sept. +0.1%. Apparel and footwear (targeted in Sept.
1 tariffs on Chinese imports) prices should increase along with motor vehicles,
boosting core prices 
-Continued wage growth should also prop up Oct. core CPI
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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