The Consumer Price Index (CPI) was flat in October, marking a deceleration from September’s 0.4% month-on-month (m/m) gain, and below consensus expectations. On a twelve-month basis, headline inflation cooled further to 3.2%. Energy prices helped hold back headline inflation, dropping 2.5% m/m, driven by a drop in gasoline prices (-5.3% m/m). Food prices added upward […]
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