- +2.0% ahead
- Core CPI +2.7% vs +2.7% y/y prior
- +2.7% ahead
The headline estimate is unchanged with services inflation remaining sticky at 3.9%. The latter has not moved much in the past six months, continuing to hold closer to 4% still – as it was back in July. That shows that although the deflation process is going on, more progress is still needed going into next year.
This article was written by Justin Low at www.forexlive.com.
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