CPI headline higher than expected, both the core measures in line
National CPI 0.8% y/y, faster than expected
- expected 0.7%, prior was 0.5%
National CPI 0.7% y/y
- excluding Fresh Food, expected 0.7%, prior was 0.5%
National CPI excluding Food, Energy 0.9% y/y
- expected 0.9%, prior was 0.8%
The October sales tax rise will be playing a role in these higher numbers, don't take them too much to heart.