Wholesale prices remain stable, core inflation increases slightly, new home listings rise, and consumer sentiment drops in October.
In September, U.S. wholesale prices remained stable, with a core increase of 0.2% from August and 2.8% from the previous year, indicating easing inflation pressures. Meanwhile, new home listings rose by 4.2% as inventory increased in high-cost markets, attributed to declining mortgage rates. However, consumer sentiment fell to 68.9 in October from 70.1, reflecting ongoing concerns about high prices despite recent optimism.
October 14, 2024
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