US Core CPI Rises Less Than Expected in September

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00:00A little bit of good news here. As headline inflation comes in up three-tenths on the month,

00:04the forecast was for four-tenths, and core comes in up just two-tenths of a percent.

00:09Forecast was for three-tenths. We're still at three percent, though. Instead of 3.1 percent,

00:14as was forecast for both numbers, we get a three percent handle for both headline and core in

00:19terms of where we are for the total month here. We're going to have to check out the overall

00:25numbers here, but let me give you a few before we check the markets. Food prices, and this has

00:31been something that people have been worried about, only up two-tenths after being up five-tenths

00:35in the month of August. Energy prices in terms of gasoline up 4.1 percent. That added to inflation

00:43definitely. It was only up 1.9 percent the month before. And here's something good. Car prices,

00:49new vehicle prices up just two-tenths of a percent. We thought we might see a jump because of the new

00:54models coming in. Used car prices are down four-tenths on the month. Apparel, though, a big

01:00rise seven-tenths during the month after five-tenths the months before. Services were up two-tenths of

01:08a percent during the month, and goods up two-tenths of a percent. So inflation restrained, Fed is a go.