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US CPI-core rises more than forecast for second month

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The US Labor Department released today showed the core consumer price, which does not include volatile food and energy component, beat estimates for a second month.

    Core CPI rose 0.3% in February from a month earlier, the same as in January, topping the estimated figure of 0.2%. The headline CPI fell 0.2% as expected.

    Another set of data showed housing starts climbed more than forecast in February.
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