🎈U.S. Inflation Surprise Index Falls to Lowest In 9 Months: Cable FX Macro

**As seen in Online Tools>Inflation Dashboard, subscribe at cablefxm.co.uk/reports

• Our own measure of U.S. inflation surprises has fallen to the lowest since October, the index is now sitting at -36.6 down from the prior -14.8

• A decline in May was led by Y/y core and headline measures missing estimates by a 10th of a percent. U.S. headline prices rose 3.3%, slower than the prior 3.4%

• Check U.S. CPI contributions, monthly changes, surprise indexes, breakeven rates and more at cablefxm.co.uk