Pantheon Macroeconomics - We were right about the below-consensus inflation numbers for June, but wrong about the explanation. We thought the core would be constrained by a drop in used car prices, while apparel and medical costs would rebound after their July declines.

U.S. | 14 September 2018 Core Inflation won't Keep Falling
We were right about the below-consensus inflation numbers for June, but wrong about the explanation. We thought the core would be constrained by a drop in used car prices, while apparel and medical costs would rebound after their July declines.

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14 September 2018 Core Inflation won't Keep Falling

By Ian Shepherdson

We were right about the below-consensus inflation numbers for June, but wrong about the explanation. We thought the core would be constrained by a drop in used car prices, while apparel and medical costs would rebound after their July declines.

Posted: 14th Sep 2018 in 'U.S.'

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