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 revised figure for the previous month's retail sales?

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

What was the expected year-on-year CPI change mentioned in the text?

What factors contributed to the increase in CPI as mentioned in the text?

How did the hurricane influence the CPI and retail sales according to Michael Gapen?