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4 matches for " core cpi data":
Perhaps the single strongest U.S. economic data series in recent months has been construction spending, which has risen by more than 1%, month-to-month, in four of the past five months.
Our default position for core durable goods orders over the next few months is that they will fall, sharply.
Monthly core CPI prints of 0.3% are unusual; June's was the first since January 2018, so it requires investigation.
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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