US March CPI +1.5% y/y vs +2.3% prior
March US CPI prices fall further than expected
- Prior was +2.3%
- Consensus estimate was +1.6%
- Prices -0.4% m/m vs -0.3% expected
- Ex food and energy +2.1% y/y vs +2.3% expected
- Ex food and energy -0.1% vs +0.1% expected
- Real average weekly earnings +0.7% y/y vs +0.7% prior
- Real average hourly earnings +1.6% y/y vs +0.6% prior
