Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets. Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.
Inflation may be Falling Faster than CPI suggests
The latest data confirms the pace of inflation is slowing. The headline consumer price index increased 0.4% for the second month in a row in October, and core inflation rose 0.3% compared with 0.6% in the prior month. Year-over-year CPI rose 7.7%, below analysts’ expectations of 7.9%. Core inflation was also lower than expected at 6.3%. While year-over-year numbers get a lot of attention, monthly changes give a timelier read on where inflation is trending.
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