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== Assestment by Magaly == | == Assestment by Magaly == | ||
Key Takeaways from April CPI numbers | |||
* Super core CPI had the lowest m/m increase in almost a year. The Y/Y rate continue to be high and sticky, but this could be taken as a positive first sign. | |||
* Transportation continues to be the biggest contributor for supercore numbers, however april saw the first decline in transportation index since start of 2022. | |||
* Excluding shelter and used cars from core CPI(which has lag effects in the data), most other important components saw a m/m decline | |||
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