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The Consumer Price Index (CPI) rose 0.4% month-on-month (m/m) in March, in line with the consensus forecast. On a twelve-month basis, CPI inched higher to 3.5% (from 3.2% in February). Energy prices were driven higher by further gains in gasoline prices (+1.7% m/m) and electricity costs (+0.9% m/m). Food prices ticked up 0.1% m/m and […]

The post US: Core Inflation Comes in on the Hotter Side for a Third Consecutive Month appeared first on Action Forex.

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