Consumer Prices Disappoint For 4th Month In A Row – Weakest Since Jan 2015

Jon Economy

For the 4th month in a row, CPI missed expectations (unchanged MoM vs expectations of a modest 0.1% rise).
Across the board consumer price rises disappointed economists’ guesses with Core CPI tumbling to just 1.7% YoY – the lowest since Jan 2015…
Energy prices fell 1.6% MoM and were the biggest drag on CPI; Apparel and Transportation (airfares) also fell MoM.
The last time CPI followed this trajectory, Bernanke unleashed QE-infinity…

This post was published at Zero Hedge on Jul 14, 2017.