Pantheon Macroeconomics - The undershoot in the April core CPI wasn't a huge surprise to us; the downside risk we set out in yesterday's Monitor duly materialized, with used car prices dropping by a hefty 1.6% month-to-month, subtracting 0.05% from the core index.

U.S. | 11 May 2018 Core Inflation is Still Set To Rise, April's Softness won't be Repeated
The undershoot in the April core CPI wasn't a huge surprise to us; the downside risk we set out in yesterday's Monitor duly materialized, with used car prices dropping by a hefty 1.6% month-to-month, subtracting 0.05% from the core index.

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11 May 2018 Core Inflation is Still Set To Rise, April's Softness won't be Repeated

By Ian Shepherdson

The undershoot in the April core CPI wasn't a huge surprise to us; the downside risk we set out in yesterday's Monitor duly materialized, with used car prices dropping by a hefty 1.6% month-to-month, subtracting 0.05% from the core index.

Posted: 10th May 2018 in 'U.S.'

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