https://www.bls.gov/news.release/cpi.nr0.htm
Consensus forecast was for up 0.1% MoM, 2.5% YoY, so actual figures surprised on the low side.
Core CPI (all items less food and energy) rose 0.1% MoM, 2.8% YoY (compared with 0.2% MoM, 3.1% YoY in February).
Consensus forecast for core CPI was 0.3% MoM, 3.0% YoY, so actual figures surprised on the low side.
Posted by JeromesNiece
4 Comments
Just a lull based on down consumer confidence and firms stocking up on materials and inventory during Q1.
The inflation is inevitable one way or another
Depressing to think the progress could be undone because of rank stupidity
God emperor J Pow needs to hold the line, the universal 10% tariffs alone are going to easily cause prices to start going up over these next few months.
So by down 0.1 mom, does that mean prices deflated this month?