Tainted Alpha

Consumer price inflation for April was reported at -0.1%, vs. consensus of 0.1%. The prior reading was 0.1%. The core inflation was at 0%, vs. prior reading of 0.0% and consensus of 0.1%.

A hint of deflation.

Chart 1. U.S. Consumer Price Inflation

Source: BLS

U.S. Consumer Price Index

This entry was posted on Wednesday, May 19th, 2010 at 6:47 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.