📊 Services Contribution to CPI Rises In February: Cable FX Macro

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• BLS CPI report shows services prices leading the rise in February, energy and goods dragged the headline. U.S. Feb. svcs priced contributed with 0.36pp, highest since September

• Food inflation eased on the month, so did the headline. However, we saw a divergence as CPI slows to 0.4% M/m while the core figure accelerated to 0.5%