Free Markets, Free People

Economic Statistics for 18 Oct 16

Consumer prices rose 0.3% in September, though prices less food and energy rose only 0.1%. On a year-over-year basis, the CPI is up 1.5% overall and 2.2% at the core.

Net foreign demand for long-term US securities rose $48.3 billion in August, mainly on $30.4B in foreign buying.

The housing market index fell -2 points to 63 in October, keeping most of September’s 6-point gain.

Redbook reports that last week’s retail sales growth rose to 1.0% on a year-ago basis, from the previous week’s 0.5%.

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