FXStreet (Delhi) – Samuel Wong, Research Analyst at Goldman Sachs, suggests that yesterday’s print of US core inflation data is sending mixed signals for the growth of the world’s biggest economy. Key Quotes “The Consumer Price Index (CPI) declined by 0.2% (mom) in September, reflecting another decline in energy prices (4.7%).Beyond energy, however, consumer prices generally picked up last month.” “Food prices increased by 0.4%, and have gained 1.4% from a year earlier. The core CPI (excluding food and energy) increased by 0.21% on the month and 1.9% from a year earlier. Core CPI inflation has gradually firmed this year from a low of 1.6% year over year in January.” “The acceleration in core CPI inflation in September primarily reflected larger gains in rentrelated prices, an increase in prices for education services (e.g. tuition) after roughly flat readings in July and August, and a smaller decline in airline ticket prices compared to preceding months.” For more information, read our latest forex news.