- Headline inflation rose 0.2% in April, below the consensus estimate of 0.3%.
- Core inflation was up 0.1% for the month and has increased 2.1% over the last 12 months. That’s the definition of ‘moderate inflation.’
- Non-seasonally adjusted inflation was up 0.4% in April, meaning holders of TIPS will see principal balances rise 0.4% in June.
Also, I have updated my Tracking Inflation and I Bonds page with these new numbers.
And here are the new June inflation indexes for all TIPS.