U.S. core consumer price index up by 0.2%

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Source: Bloomberg
April's U.S. consumer price index remained unchanged, but core consumer price index, which excludes more unstable energy and food prices, paired forecasts and was 0.2%. Change in core consumer price index in last 12 months also matched forecasts, index showed 2.3% increase in core prices since March 2011. According to specialists, slowing inflation would support views of some federal officials, that increase in fuel prices will be temporary and would allow central bank to maintain interest rates low in foreseeable future. 
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Tue, 15 May 2012 13:53:52 GMT

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