NewsZH: Headline CPI hotter than expected, core remains above 4.00%

October 12, 2023by 0

ZERO HEDGE writes:
Following August’s bigger than expected jump  (driven by surging energy prices and healthcare methodology changes)., September’s CPI was expected to slow (+0.3% MoM) with the YoY pace inching back lower (from 3.7% to 3.6%) after rebounding for two straight months.
However, headline CPI came in modestly hot at +0.4%, with YoY at 3.7% – that is the 3rd monthly rebound in a row…
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The post ZH: Headline CPI hotter than expected, core remains above 4.00% appeared first on The Loadstar.

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