US: Elevated headline, softer core inflation
Wed, Apr 16 2008, 15:51 GMT
by Peter Possing Andersen
Danske Bank A/S
Overview: The March inflation numbers have sprung no major surprises. Headline inflation posted a 0.35% m/m reading, keeping the annual inflation rate unchanged at an elevated rate of 4.0%. Core inflation was a bit on the soft side, rising by 0.15% m/m, implying that the annual inflation rate rose slightly to 2.4% from 2.3% in February.
Published on
Wed, Apr 16 2008, 15:52 GMT
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