Pantheon Macroeconomics - The run of soft core CPI numbers is over.  The average 0.18% increase over the past two months probably is a good indication of the underlying trend -- the prints would have been close to this pace in both months had it not been for wild swings in the lodging component -- and the other one-time oddities of recent months' have faded.

U.S. Documents | US 15 September 2017 Core CPI Mean-Reverts, Hefty Storm-Induced Increases Ahead?
The run of soft core CPI numbers is over. The average 0.18% increase over the past two months probably is a good indication of the underlying trend -- the prints would have been close to this pace in both months had it not been for wild swings in the lodging component -- and the other one-time oddities of recent months' have faded.

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US 15 September 2017 Core CPI Mean-Reverts, Hefty Storm-Induced Increases Ahead?

By Ian Shepherdson

The run of soft core CPI numbers is over. The average 0.18% increase over the past two months probably is a good indication of the underlying trend -- the prints would have been close to this pace in both months had it not been for wild swings in the lodging component -- and the other one-time oddities of recent months' have faded.

Posted: 14th Sep 2017 in 'U.S. Documents'

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