Pantheon Macroeconomics - The average month-to-month increase in the core CPI in the past three months is a solid 0.20, much firmer than the 0.05% average over the previous five months, stretching back to the first of the run of downside surprises, in March.

U.S. | 16 November 2017 Core CPI Mean-Reverts, but Base Effects Mean Sub-2% Until March
The average month-to-month increase in the core CPI in the past three months is a solid 0.20, much firmer than the 0.05% average over the previous five months, stretching back to the first of the run of downside surprises, in March.

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16 November 2017 Core CPI Mean-Reverts, but Base Effects Mean Sub-2% Until March

By Ian Shepherdson

The average month-to-month increase in the core CPI in the past three months is a solid 0.20, much firmer than the 0.05% average over the previous five months, stretching back to the first of the run of downside surprises, in March.

Posted: 15th Nov 2017 in 'U.S.'

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