I=9
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CPI rose 0.3% in January, up from 0.1% in December (revised down from 0.3%) and above 0.2% estimate.
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Yearly, CPI rose 3.1% on the month, down from 3.4% in December but higher than 2.9% estimate.
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Core CPI accelerated 0.4% in January and was up 3.9% y/y, both exceeding estimates for a 0.3% and 3.7% increase.
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More than two-thirds of the increase came from shelter, which rose 0.6% on the month (December: +0.4%).
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Stock futures fell after the release. S&P 500 futures dropped by 1.3%, Nasdaq Composite shed 1.7% while Dow Jones Industrial Average was down 0.9%.
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Supercore inflation accelerated to 4.3% y/y from 3.9% in December.
