I’ll have more to come on this separately.

For now, just the data:

National CPI:

ex Food, Energy (YoY) (May) 1.8% y/y … aka Core-core and the closest to the US measure of core inflation:

• expected 1.9%

ex Fresh Food (YoY) (May) 1.4% … aka Core:

• expected 1.4%, prior 1.4%

Headline 1.5%

• expected 1.4%, prior 1.4%

This article was written by Eamonn Sheridan at investinglive.com.



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