US April core CPI +2.8% vs +2.8% y/y expected

Headline CPI:

• CPI +2.3% vs +2.4% expected
• Prior was +2.4%
• m/m reading at +0.2% vs +0.3% expected
• Month-over-month unrounded +0.221% vs -0.088% prior

Core CPI:

• Core CPI 2.8% vs +2.8% expected
• Core CPI m/m +0.2% vs +0.3% expected
• Core unrounded +0.237% vs +0.116% m/m prior
• Real weekly earnings % vs +0.3% prior
• Core services % vs +0.126% prior
• Core services ex shelter % vs +0.1% prior
• Core-CPI services ex-rent/OER +% vs +0.095% prior
• Services ex energy % vs +0.160% prior

This article was written by Adam Button at www.forexlive.com.