September CPI rose 3.7% YoY - US CPI in October

2023-11-13
Summary:

In September, consumer prices increased 3.7% YoY, matching August's gain and slightly surpassing economists' 3.6% forecast.

US CPI


14/11/2023 October


Previous:3.7% | Forecast:3.3%


Consumer prices overall rose 3.7% from a year earlierin September, steady with August's annual gain andlanding a touch above economists' expectations fora 3.6% rise.


However, core inflation cooled for the sixth month in arow and was up 4.1%. It indicates that the Fed's ratehikes are filtering through the economy.


The shelter index accounted for 70% of the monthlycore increase and more than half of the overallmonthly increase. But economists have said thatshelter costs should eventually start to wane as therental calculations are largely a lagging indicator.

US CPI in October

TSMC Stock Price Soars on Strong Q2 Earnings and AI Demand

TSMC Stock Price Soars on Strong Q2 Earnings and AI Demand

TSMC stock price jumps 4% after Q2 earnings beat and raised 2025 revenue forecast, driven by strong demand for AI and advanced chips.

2025-07-18
S&P 500 Surges to Record High, Market Optimistic

S&P 500 Surges to Record High, Market Optimistic

S&P 500 closes at an all-time high of 6,304.36, fuelled by strong earnings, resilient consumer data, and cautious optimism across global stock markets.

2025-07-18
​​Oil steadies on clash in Iraq

​​Oil steadies on clash in Iraq

Oil prices were stable on Friday, following a rise, as worries over reduced Iraqi supply clashed with fears of lower demand from US tariffs.

2025-07-18