Japan August industrial production final YoY +2.7% vs prior +3.4%.

US core PPI YoY 5.0% in September vs 4.4% expected; prior reading revised to 4.8% from 4.6%.

US September retail sales beat estimates but were concentrated in gasoline, masking mixed demand elsewhere, the Commerce Department said Thursday. Nominal retail sales rose 0.8% MoM in September (August revised to +1.3%); core retail sales excluding autos and gasoline rose 0.2%. Of 13 retail categories, eight increased; gasoline sales jumped 6.4%, while spending on hobby goods and building materials fell; furniture, electronics and restaurants rose. The data show consumption momentum eased into quarter-end as price pressures intensified; accelerating inflation is further eroding real wages and squeezing household budgets. Executives at Domino's and Albertsons said on recent earnings calls many consumers remain under strain.