13 May 2026 US MonitorCore CPI inflation probably has peaked; April's data are misleading
11th May 2026 16:29USDaily Monitor
- April’s 0.38% rise in the core CPI was driven by one-time jumps in rents, airline fares and tax services.
- Surveys point to bigger rises in core goods prices, but apparel prices will fall from weather-boosted levels.
- Measures of new rents have stalled; we look for 0.20% rises in the core CPI over the next three months.
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