Best viewed on a device with a bigger screen...
The April core CPI was lifted by a huge leap in airline fares; vehicle prices were disappointingly strong too…
…But the downshift in core-core price gains continued, and it has further to go as wage increases slow.
Inflation is likely to end the year higher than we previously thought, but the trend will be clearly falling.
Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.
ahe, airline fares, apparel, auto prices, bls, core cpi, core inflation, core services, cpi, cpi report, fed, fuel, healthcare, healthcare inflation, inflation forecasts, insurance premiums, July, June, labor, labor market, May, medical services, obamacare, payroll, payroll growth, recreation, rents, services inflation, underlying services inflation, us, wage growth, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence