April 10, 2024 12:39 GMT
Medical Services And Car Insurance Drive Strong Supercore Reading
US DATA
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The strong supercore CPI reading looks driven by medical services and car insurance, which combined contributed 0.14pp to core CPI M/M, vs 0.03pp in Feb.
- OER and Primary Rents combined contributed 0.19pp, same as in Feb.
- Core goods prices went back into deflation as generally expected.
- See table below for breakdown:
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