US CPI headline rate up, core down

18 May 2016

 

The headline inflation rate came in at 0.4%, a rise from the March figure of 0.1% and in line with the 0.4% rise expected. Energy prices were substantially responsible for the index’s rise, with petrol jumping 8.1% over the month. Clothes, vehicles and non-energy commodities fell. The year-to-date CPI figure rose to 1.1% from 0.9%, and it is now back above February’s comparable figure of 1.0%. Core inflation, which was...

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