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US CPI rebounds, but at a slower pace in March

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Official data released just now in the US showed the economy exited deflation in March, but the pace of rebound was somewhat less than expected.

    CPI came-in at 0.1%, compared to the expected rise of 0.2% from Feb figure of -0.2%. In annualized terms, CPI stands at 0.9%, which is well below the estimated rise of 1.1%.

    Core CPI growth also slowed to 2.2% y/y from 2.3%. On monthly basis, the figure printed at 0.1%, which is the smallest rise since August. The core index was held back by declines in costs of clothing, airline fares, used cars and trucks and communications.
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