“The BLS is Core Services CPI Ex-Shelter, and that declined to +4.6% YoY – lowest since March 2022… The headline CPI was expected to rise 0.1% MoM (+4.1% YoY) and it did, but the YoY print dropped to 4.0%. That is the 11th straight monthly decline in the YoY print to the lowest since March 2021…”
