I=8
- CPI rose 0.3% in April, lower-than expectations for it to stay steady at 0.4%.
- On a yearly basis, CPI increased by 3.4%, in-line with the estimate but lower-than the 3.5% increase in March.
- Core CPI rose 0.3% in April, in-line with the estimate but lower-than the 0.4% increase in the previous month.
- On a yearly basis, core CPI rose 3.6% in-line with expectations and below the 3.8% increase in March.
- About 70% of the monthly gain in the headline CPI came from shelter and gasoline prices which rose by 0.4% and 2.8%, respectively.
- Supercore inflation was up 0.422% m/m (March: 0.65%) and 4.88% y/y (March:4.77%).
