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>CPI Ex Food and Energy MoM 0,3% vs. 0,5% erwartet.
>
>Das sieht annualisiert vergleichsweise gar nicht mehr so
>dramatisch aus.


In fact, with core at +0.27% to two decimal places, thats actually the slowest since September 2021, so an encouraging sign. And in turn, the year-on-year measure for core fell to +6.3% (vs. +6.5% expected), moving off its recent peak in September. One last piece of good news was that the decline in inflation was broad-based rather than being driven by outliers, and the Cleveland Feds trimmed mean measure saw its slowest monthly growth since April 2021 at +0.37%.

  

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