The consumer price index rose 0.1% in July while core CPI also increased 0.1%. Housing starts increased a higher-than-expected 15.7% to an annualized pace of 1.093 million units. Building permits jumped 8.1% in July to an annualized pace of 1.052 million units. Existing home sales increased 2.4% to an annualized pace of 5.15 million units in July. Initial jobless claims fell 14,000 to 298,000 for the week ended 8/16.

• The consumer price index rose 0.1% in July while core CPI also increased 0.1%. Year-on-year, headline CPI is up 2.0% while core CPI is up 1.9%.

• Housing starts increased a higher-than-expected 15.7% to an annualized pace of 1.093 million units.

• Building permits jumped 8.1% in July to an annualized pace of 1.052 million units.

• Existing home sales increased 2.4% to an annualized pace of 5.15 million units in July. The median price was up 0.4% in July to $222,900 and up 4.9% from a year ago.

• Initial jobless claims fell 14,000 to 298,000 for the week ended August 16th.