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Inflation Rate MoM fell to 0.3 in April 2026, down 0.9 from March's 1.2 reading. The print came in cooler than the 0.7 consensus, a softer print than forecasters anticipated. The print is running well below the 12-month average of 0.39. Over the past 3 months, Inflation Rate MoM averaged 0.42, vs 0.36 in the prior 3-month window. The reading is in the 51st percentile of the trailing 24-month range.
The April 2026 reading fell from the previous value of 1.2. Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU) and negatively correlated with EUR/USD (Bearish EUR).
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