U.S. Oct. Retail Sales Increase 0.2%

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.

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

• 0.1%

• 1.9%

• 0.2%

• 1.6%

Which factor contributed significantly to the CPI increase?

• Energy prices

• Clothing prices

• Food prices

• Housing costs

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

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

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