Logo 09 Apr 2021

Data dump – inflation

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Monthly inflation data for March landed today.

The headlines:

The consumer price index (CPI) rose 0.4% y/y, compared with a 0.2% y/y decline in February.The producer price index (PPI) rose 4.4% y/y, versus a 1.7% y/y expansion in February.

Higher producer price inflation should boost indus...