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US September CPI 2.4% y/y versus 2.3% expected

Prior was +2.5% y/ym/m reading at +0.2% vs +0.1% expectedMonth-over-month unrounded +0.1604% vs +0.081% prior

Core measures:

Core CPI +3.3% vs +3.2% expectedCore CPI m/m +0.3% vs +0.2% expectedCore unrounded +0.3124% vs +1549% m/mReal weekly earnings -0.1% vs +0.5% prior Supercore m/m +0.3353% Supercore y/y +2.02%

These are hot numbers and will further underpin the ongoing US dollar rally but the market is also noting the jump in initial jobless claims at 258K compared to 230K prior. Note that these numbers are from before any hurricanes.

This article was written by Adam Button at www.forexlive.com.

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