<ul><li>Prior +3.4%</li><li>Core CPI +2.2% y/y</li><li>Prior +2.4%</li></ul><p style="" class="text-align-justify">On the month itself, inflation increased by 0.2% and that is slightly lesser than estimated (0.4%). The other positive development is that core annual inflation is also seen softening, alongside the headline reading. The latter of course is largely due to base effects.</p>
This article was written by Justin Low at www.forexlive.com.
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