U.S. Oct. Retail Sales Increase 0.2%

U.S. Oct. Retail Sales Increase 0.2%

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Interactive Video

Business

University

Hard

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The transcript discusses the Consumer Price Index (CPI) and retail sales data for October, highlighting a slight increase in CPI and a decrease in retail sales compared to the previous month. The impact of housing costs and used car sales on CPI is noted, along with the market's muted reaction. The influence of a recent hurricane on economic data, particularly in energy and auto sales, is also analyzed.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the month-on-month CPI change excluding food and energy?

0.1%

1.9%

0.2%

1.6%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor contributed significantly to the CPI increase?

Energy prices

Clothing prices

Food prices

Housing costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the 10-year Treasury yield react to the CPI data?

Increased by 5 basis points

Remained unchanged

Decreased by 3 or 4 basis points

Increased by 10 basis points

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the effect of the euro's strength on the dollar index?

The dollar index increased by 1%

The dollar index decreased by 0.25%

The dollar index increased by 0.5%

The dollar index remained stable

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a likely reason for the surge in used car sales?

Increased demand for new cars

Decrease in gasoline prices

Improved economic conditions

Hurricane response