The Numbers
US: Energy Lifts CPI
US March CPI was roughly in line with expectations, but showed reacceleration as the energy shock started to trickle in. Headline inflation rose 0.9% m/m (3.3% y/y), up from 0.3% m/m (2.4% y/y) a month prior. Core inflation was steady at 0.2% m/m, but ticked…
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