FT Alphaville reports:
Over the last twelve months, core CPI climbed 0.6 per cent, or “the smallest 12-month increase in the history of the index, which dates to 1957,” according to the BLS. There’s been a slight divergence between the core and headline numbers in recent months, with the majority of it accounted for by higher gas prices — but even then, the headline figure only climbed 1.2 per cent.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEineaWNdfFGyCpCgw61Yfy1NXOmmVilMeYbibRJy_yEPOnTt5bySZOdcDOZpzc8TdjOy5RUgEJMgd3neR8xTYLHusQfsb7khxuAuCEx3f6Mtz9f2y2PWA6yI4egmuWIg5L9xFowOxqb2g/s800/cpifane.png)
Source: BLS
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