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US CPI ticked up to 1.4% yoy in Dec, core CPI unchanged at 1.6% yoy

US CPI rose 0.4% mom in December while core CPI rose 0.1% mom. Both matched expectations. On annual basis, CPI accelerated to 1.4% yoy, up from 1.2% yoy, above expectation of 1.3% yoy. Core CPI was unchanged at 1.6% yoy, matched expectations.

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