investingLive Americas FX news wrap 12 May:Hot CPI reignites inflation fears | investingLive
India's CPI rises to 3.48% in April, driven by accelerating food inflation The April CPI report came in hot and pushed inflation concerns back to the forefront during the North American session. Headline CPI rose +0.6% m/m as expected, while the annual rate held at +3.3% y/y. The bigger surprise came from core CPI, which increased +0.4% m/m versus +0.3%…
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