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US CPI to print flat m/m in April

Friday, May 22, 2015 1:32 AM UTC

US CPI is expected to print flat m/m in April (cons: 0.1%), held back by a -1.0% m/m decline in seasonally adjusted gasoline prices.

"More critically, we think April will be the low point for y/y headline CPI (our forecast is -0.2%), as prices in the energy space seem to have carved out a bottom", says RBC Capital Markets.

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US CPI to print flat m/m in April

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