Pantheon Macroeconomics - The record 0.4% drop in the core CPI in April would have looked even worse had it not been for favorable rounding; it was just 0.002% away from printing at -0.5%.

U.S. | 13 May 2020 Core Inflation has Further to Fall, but Sustained Deflation is Unlikely
The record 0.4% drop in the core CPI in April would have looked even worse had it not been for favorable rounding; it was just 0.002% away from printing at -0.5%.

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13 May 2020 Core Inflation has Further to Fall, but Sustained Deflation is Unlikely

By Ian Shepherdson

The record 0.4% drop in the core CPI in April would have looked even worse had it not been for favorable rounding; it was just 0.002% away from printing at -0.5%.

Posted: 13th May 2020 in 'U.S.'

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