Uddrag fra Zerohedge:
After increasing MoM for the last five months, headline CPI was expected to slow modestly in March (from +0.4% MoM to +0.3% MoM), but obviously still rising. However, it did not, rising a hotter than expected 0.4% MoM (equal highest since August 2023) and pushing it up 3.5% YoY…
Source: Bloomberg
Energy and Services dominated the rise on a YoY basis (with the former flipping from YoY deflation)…
Source: Bloomberg
Core CPI also rose more than expected (+0.4% MoM) pushing the YoY move up 3.8% (hotter than the 3.7% exp)…
Source: Bloomberg
Within the core index, goods costs continue to deflate on a YoY basis but services are re-acclerating…
Source: Bloomberg
Under the hood, the surge was led by Energy & Shelter costs…
And one step deeper – the so-called SuperCore: Core CPI Services Ex-Shelter index – soared 0.7% MoM up to 5.0% YoY – the hottest since April 2023…
Source: Bloomberg
