Group 1 - The U.S. Bureau of Labor Statistics (BLS) will release the Consumer Price Index (CPI) report for September 2025 on October 24, 2025, at 8:30 AM ET, which is significant for market and policy considerations [1][2] - The release was delayed by 9 days from the original schedule due to the U.S. government shutdown that began on October 1, affecting the operations of the BLS [2] - The report is crucial for the Social Security Administration to adjust benefits for the next fiscal year, highlighting its special purpose amid the government shutdown [2] Group 2 - The data collection for the September CPI was completed before the government shutdown, but ongoing shutdown impacts may affect the accuracy of future data, particularly for October [2] - The timing of the CPI report is critical as it precedes the Federal Reserve's policy meeting on October 28-29, where inflation data will be a key reference for potential interest rate discussions [2]

【最新伦敦金行情解析】 在过往的交易周期中，市场已然连续九周呈现周线收阳的良好态势。而本周的周K线走势，初步可判断 其进入了调整阶段。尤为值得关注的是，周五市场出现强势下跌行情，这一跌势不仅将当日早些时候的 上涨成果尽数抹去，还使得整体行情暂时陷入滞涨局面。 摘要今日周一（10月20日）亚盘时段，伦敦金目前交投于4270美元附近，截至发稿，伦敦金最新报 4259.68美元/盎司，涨幅00.26%，最高上探4273.26美元/盎司，最低触及4218.19美元/盎司。目前来看， 伦敦金短线偏向震荡走势。 今日周一（10月20日）亚盘时段，伦敦金目前交投于4270美元附近，截至发稿，伦敦金最新报4259.68 美元/盎司，涨幅00.26%，最高上探4273.26美元/盎司，最低触及4218.19美元/盎司。目前来看，伦敦金 短线偏向震荡走势。 【要闻速递】 在当前经济形势下，劳动力及零售领域的最新数据缺失，给政策制定者带来了不小的挑战。当他们试图 判断通胀放缓的程度能否支撑持续宽松的货币政策时，往往只能依据那些不够全面或是已然过时的信 息。而周五即将公布的消费者价格指数（CPI），极有可能成为美联储在下一周做出关键 ...

Group 1 - The Federal Reserve's Beige Book indicates that tariffs imposed by the Trump administration are contributing to rising overall inflation, with businesses struggling to balance absorbing costs and passing them on to customers [1] - The report shows that since the last release on September 3, the overall economic growth in the U.S. has "remained largely unchanged," with a stable labor market but continued weak demand across most Federal Reserve districts [1] - Labor supply remains tight in sectors such as hotels, agriculture, construction, and manufacturing, influenced by recent changes in immigration policy [1] Group 2 - The term "tariff" appeared 64 times in the report, a decrease from 100 times in the August report, indicating a shift in focus [1] - The report notes that while input costs have risen due to tariffs, the extent to which these costs are passed on to final product prices varies among businesses [1] - Some companies have chosen to keep prices stable to maintain competitiveness, while others have fully passed on higher import costs to consumers [1] Group 3 - The report comes amid a government shutdown that has lasted three weeks, leading to missing economic data, which may increase the weight of the Beige Book in decision-making [2] - Consumer spending has slightly declined, although luxury goods and travel spending by high-income groups remain "strong," while lower-income groups rely more on discounts and promotions [2] - There is a cautious sentiment among businesses due to the ongoing government shutdown, despite some regions showing improved future expectations [2]

Core Points - The U.S. Labor Department has delayed the release of the September Consumer Price Index (CPI) report originally scheduled for the 15th due to the federal government shutdown [1] - The Labor Department had previously postponed the release of the September employment data report that was due on the 3rd [1] - The Bureau of Labor Statistics, which is part of the Labor Department, is responsible for several important statistical data releases that are now affected by the government shutdown [1]

Core Viewpoint - The final data released by the French National Institute of Statistics and Economic Studies (INSEE) indicates that the Consumer Price Index (CPI) in France increased by 1.2% year-on-year in September, slightly up from 0.9% in August, while it decreased by 1.0% month-on-month, reversing the 0.4% increase from the previous month [1] Group 1: Monthly Changes - The month-on-month decline in the CPI for September was primarily driven by a seasonal decrease in service prices, which fell by 1.9% [1] - Accommodation and transportation service prices showed a significant slowdown in growth during the month [1] - Food prices and industrial product prices also saw a decline, while tobacco prices remained stable [1] Group 2: Yearly Changes - The year-on-year CPI increase in September was slightly higher than in August, mainly due to an acceleration in service price growth, which rose by 2.4% [1] - The decline in energy prices narrowed to 4.4%, compared to 6.2% in the previous month [1] - Oil prices experienced a slight rebound year-on-year, increasing by 0.2%, whereas they had decreased by 3.6% in the same period last year [1] - Food and tobacco prices showed a slight year-on-year increase, while the decline in industrial product prices slightly widened [1]

Core Insights - Inflation data from Sweden, Poland, and Bulgaria shows significant divergence in trends, with Sweden experiencing a notable decline, Poland stabilizing at a low level, and Bulgaria reaching a new high for 2023 [1][2][3] Sweden - Sweden's inflation rate fell to 0.9% in September, down from 1.1% in August, which is below the central bank's target of 2% [1] - The Consumer Price Index (CPI) for September showed a year-on-year increase of 0.9%, with notable slowdowns in various categories: food and non-alcoholic beverages rose by 3.3% (previously 4.7%), clothing and footwear by 1.7% (previously 3.2%), and miscellaneous goods and services by 3.5% (previously 3.8%) [1] - Housing and utility prices decreased by 2.3%, while restaurant and hotel prices accelerated to a 4.1% increase [1] Poland - Poland's CPI remained stable at 2.9% in September, matching August's figure and maintaining the lowest level since June 2024 [2] - Food and non-alcoholic beverage prices increased by 4.2%, while education prices dropped to 6.8% from 8.6% [2] - Transportation prices decreased by 3.8%, and the CPI showed no month-on-month change, consistent with the previous two months [2] Bulgaria - Bulgaria's CPI rose to 5.6% in September, the highest since October 2023, up from 5.3% in July and August [3] - Significant price increases were observed in entertainment and culture (19.1%), education (9.4%), and restaurant and hotel services (10.8%) [3] - The CPI decreased by 0.8% month-on-month, reversing the slight increase seen in August [3]

Core Insights - Chile's Consumer Price Index (CPI) increased by 0.4% month-on-month in September, aligning with market expectations, while the year-on-year increase was 4.4% [1] - The cumulative inflation rate stands at 3.3% [1] Category Summaries - **Price Changes**: The prices for information and communication decreased month-on-month, while prices for food and non-alcoholic beverages saw the largest increases, particularly in vegetables, legumes, and tubers [1] - **Entertainment and Culture**: Prices in the entertainment, sports, and culture sectors rose, with significant increases noted in travel packages, games, toys, and celebration supplies [1]

Core Insights - The U.S. Department of Labor is resuming work on the critical Consumer Price Index (CPI) report for September, which was delayed due to the federal government shutdown [1] - The CPI report is essential for the Social Security Administration to calculate the annual cost-of-living adjustment (COLA) before November 1 [1] - The release of the September CPI data is scheduled for October 24, which is nine days later than originally planned [1] Group 1 - The government shutdown continues as the Senate failed to pass a funding bill for the seventh time [2] - The timing of the CPI release coincides with the Federal Reserve's upcoming FOMC policy meeting on October 28-29, where investors expect potential interest rate cuts [2] - Some Federal Reserve officials remain cautious about rate cuts due to inflation rates being significantly above target levels [2]

Group 1: Inflation and Economic Indicators - France's inflation rate increased to 1.1% in September, up from 0.8% in August, but remains below the European Central Bank's (ECB) target of 2% [1] - The Eurozone's inflation rate is expected to rise to 2.2% in September, with Italy and Germany set to release their data shortly [1] - The service sector's inflation rate in France rose to 2.4% in September from 2.1% in August, driven by rising healthcare costs and smaller declines in telecom expenses [1] Group 2: Government and Fiscal Challenges - France is facing a long-term public finance political crisis, with the government collapsing for the second time in less than a year [2] - Uncertainty remains regarding how the French government will address the growing debt burden, impacting investment and spending by businesses and households [3] - Consumer spending in France grew by only 0.1% month-on-month in August, below the forecast of 0.2%, with July's data revised down from -0.3% to -0.6% [3]

Core Insights - Bosnia's consumer price index (CPI) decreased by 0.2% month-on-month in August, while year-on-year it increased by 4.1% [1] Price Changes - In August, prices for clothing and footwear rose by 0.1%, housing and utilities by 0.2%, healthcare products by 0.4%, entertainment and cultural services by 0.6%, education services by 0.1%, and food and hotel services by 0.1% [1] - Conversely, prices for food and non-alcoholic beverages fell by 0.4%, and transportation services decreased by 0.8% [1] Year-on-Year Comparisons - Year-on-year, food and non-alcoholic beverage prices increased by 9.2%, alcoholic beverages and tobacco by 3.7%, housing and utilities by 0.2%, furniture and household equipment by 1.1%, healthcare products by 6.1%, communications by 0.3%, entertainment and cultural services by 4.9%, education services by 2.4%, and food and hotel services by 7.2% [1] - However, clothing and footwear prices dropped by 5.7%, and transportation services decreased by 2.7% [1]