In the U.S. session CPI and Retail Sales figures were published. The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5 percent in September on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.2 percent. The gasoline index increased 13.1 percent in September and accounted for about three-fourths of the seasonally adjusted all items increase. Other major energy component indexes were mixed, and the food index rose slightly.
U.S. retail sales jumped last month by the most in more than two years as motor vehicles lost to hurricanes were quickly replaced and higher prices lifted receipts at gasoline stations, Commerce Department figures showed Friday. Overall sales surged 1.6% (est. 1.7% gain), the most since March 2015, after a revised 0.1% decline in prior month. Purchases at car dealers rose 3.6%, also the largest advance since March 2015, after 2.1% decrease.
There will be no data releases from Australia on Monday, but from China CPI and PPI figures will be published. Analysts expect 1.6% increase in CPI and 6.3 incline in PPI. There will be no major data releases in the US part of the session.
Figures to watch:
CPI/PPI (Monday 3:30)
