US CPI mm September

Last month, auto sales carried an otherwise mediocre month. This month, motor vehicles and parts fell 0.4% while other drags were furniture and appliance stores (-0.7%), electronics stores (-0.8%), and building material stores (-0.4%). Grocery stores rose 0.4% and clothing was a surprise source of strength at +0.5%.

The maraket reaction to this report has been minimal.