10/12: MetroIntelligence Economic Update by P. DUFFY

CPI:  Annual inflation slowed in September, core inflation rise unchanged from August

In September, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent and was up 2.3 percent over the past 12 months (down from 2.7 percent in August).  The index for all items less food and energy rose 0.1 percent in September, and rose 2.2 for the previous 12 months ending September (the same as in August).



Bloomberg:  Consumer comfort index drops to 5-week low, gender gap hits record level

The weekly Bloomberg Consumer Comfort Index cooled to 59.5 from 17-year high of 61.6; 2.1-point drop is biggest decline since May 2014. The gap in sentiment between men and women also widened to 19.4 points, the highest gap in 28 years of data.



September Small Business Optimism Index maintains third-highest reading at 107.9

The NFIB Small Business Optimism Index continued its historic 23-month positive trend, with a reading of 107.9 in September, the third highest reading in the survey’s 45-year history.