It was announced this week that the US annual inflation number fell more than 3.2% – the first decline in four months. Investment Analyst Jeremy Hutton talks with Heather du Plessis-Allan about the market’s vigorous reaction. He also discusses new data which shows market confidence in New Zealand has returned – with airfares, petrol and food inflation all lower in October. Finally, he covers The Warehouse’s update, reporting first quarter sales down nearly 7% on the previous year.