Oct. jobs, inflation reports may never get published
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The results for October (and November) will not increase inflation worries at the Fed. Headline CPI is estimated to stay steady at the 3 per cent September figure for both October and November. There are other modelled estimates of inflation which concur with the Cleveland Fed’s estimates.
US consumer durables and personal goods inflation decelerated in October for the first time in three months, reflecting a slight pickup in the degree of merchant discounting, according to OpenBrand price data.
The first public release of this data will be available on Thursday, November 13 at 8:30 a.m. ET at numerator.com/ inflation.
Inflation measured by France's own consumer price index rose 0.9% over the year through October, down from 1.2% in September. France has kept inflation below the European Central Bank's 2% target for more than a year now. The 2% target, last updated in 2021, is the ECB's ideal rate for price stability over the medium term.