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Inflation Rate YoY climbed to 11.5 in April 2026, up 3.8 from March's 7.7 reading. The print came in hotter than the 8.0 consensus, a hotter print than forecasters anticipated. The print is running well above the 12-month average of 6.34. Over the past 3 months, Inflation Rate YoY averaged 7.7, vs 4.47 in the prior 3-month window. Inflation Rate YoY is now the highest in 29 months.
The May 2026 reading rose from the previous value of 7.7. Historically, this indicator is negatively correlated with USD/JPY (Bearish USD).
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