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CPI YoY fell to -0.2 in April 2026, down 0.7 from March's 0.5 reading. The print came in cooler than the -0.1 consensus, a softer print than forecasters anticipated. CPI YoY has now declined for 4 consecutive months.
The May 2026 reading fell from the previous value of 0.5. Historically, this indicator is positively correlated with EUR/USD (Watch) and positively correlated with XAU/USD (Watch).
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