US Dec CPI 1.7% y/y vs 1.8% y/y exp

  • In November, the headline CPI rose 1.8% y/y
  • No monthly rise in the CPI, as expected
  • Core CPI +1.9% y/y, as expected
  • Core CPI up 0.1% on the month vs +0.2% exp

Dull report.

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