Energy inflation resurfaces, stoking price pressures
Research suggests that further slack is needed to bring inflation back to target
Wages, housing costs stoking price pressures in services
The slowdown from 2.9% in March was led by food prices, services and durable goods
Weaker food prices help offset rising energy inflation
Core inflation stays hot, while food components continue to ease
While volatile food and energy components ease, other prices resist: OECD
Core inflation remained persistent, even as energy inflation stayed negative
Food inflation in retreat, energy price pressures negative
Slowing forecasts diverge as the growing pain of higher rates plays out