- Prior 2.0%
- -0.2% vs 0.0% exp m/m. Prior +0.1%
- Core 1.7% vs 1.9% exp y/y. Prior 1.9%
- 0.0% vs 0.2% exp m/m. Prior 0.1%
- Real average hourly earnings 0.4% vs 0.0% prior m/m
- 0.4% vs 0.1% prior y/y
- Weekly earnings 0.4% vs 0.0% prior m/m. Unch 0.4% y/y
It’s the first time the core CPI hasn’t risen since Oct 2010. USD/JPY loses 16 pips to 107.14
Energy prices the biggest driver, as has been across most of the CPI numbers from the UK and Europe, falling 2.6% from -0.3% in July. Transportation also up there -1.5% vs -0.3% prior and ex-food and beverages commodities, -1.0% from -0.1% in July.
US Core CPI 17 09 2014
