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US CPI Matched Expectations in April with Core Inflation Remaining above 2%

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The increase in April 2016 inflation was broad based with energy, food, and core prices rising. Gasoline prices posted the largest monthly gain since August 2012 of 8.1%. Energy prices, nonetheless, remain well below year-ago levels and will likely continue to weigh on headline inflation in the coming months. Food[​IMG]

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