Loading ...Core Consumer Prices Jump Most Since March 2006 Thanks To Surging Healthcare Costs
Submitted by Tyler Durden on 05/22/2015 – 08:45 
The market appears to have chosen the hotter-than-expected Core CPI print (as opposed to weakest headline CPI YoY print since Oct 2009 of -0.2%) as key. Core CPI rose 0.3% MoM in April – the most since March 2006; and 1.8% YoY – the most since Jan 2013. The biggest driver of the surge in consumer prices is medical care costs – which rose 0.7% – the biggest increase since January 2007 (thanks Obamacare).
