ChainCatcher reported that financial blog ZeroHedge said the latest U.S. CPI report showed core CPI coming in hot, while so-called supercore inflation was even hotter. According to ZeroHedge, the move was driven mainly by historic increases in education and communication services prices. Within that category, mobile phone communication services posted a record surge. The brief note did not provide additional figures, nor did it cite any other components of the CPI report. The claim was attributed specifically to ZeroHedge in ChainCatcher’s market analysis newsflash.
ChainCatcher reported that financial blog ZeroHedge said the latest U.S. CPI report showed core CPI running hot, while "supercore inflation" came in even hotter.
ZeroHedge said the reading was driven mainly by historic increases in education and communication services prices, with mobile phone communication services recording a surge at a record level.
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