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Core CPI Prints Cooler Than Expected Despite Biggest Jump In Energy Prices Since 2005
Core CPI Prints Cooler Than Expected Despite Biggest Jump In Energy Prices Since 2005
While PCE showed some signs of higher energy prices leaking into inflation prints, it was still February data. As we previewed, today's CPI data is for March and will bear the full brunt of the Iran War's impact on energy costs after Core CPI fell to its lowest in four years in February.
The headline CPI soared 0.9% MoM (as expected) and while it was a big MoM jump, Consumer Prices rose 3.3% YoY (up from +2.4%...
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Authored by Bojan Stojkovski via Interesting Engineering,
The BYD Great Tang full-size SUV is now reaching dealerships across China ahead of its planned April presale debut at the Beijing Auto Show. Early dealer data shows at least four configurations are being prepared for the market, spanning rear-wheel-drive and all-wheel-drive setups with varying performance and range ratings.
BYD Great Tang SUV set to challenge established plug-in hybrid rivals.
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