US CPI rose 0.3% mom in April, matched expectations. CPI core (ex food and energy) rose 0.3% mom, matched expectations. Energy index rose 1.1% mom while food index was unchanged.
Over the 12-months, CPI slowed from 3.5% yoy to 3.4% yoy , matched expectations. CPI core slowed from 3.8% yoy to 3.6% yoy, matched expectations. Energy index rose 2.6% yoy while good index rose 2.2% yoy.
Full US CPI release here.
