Inflation cools more than expected as gas costs fall, underlying prices ease

Please subscribe to IBJ to decode this article.

e.dninlrgeoapmesewseodoodteetnh sssafieroo enr lf f,e mste dipuanntesta.onchhcsnpddvgcSsy ec ls hois, m l acoifcc e scu,U olnilmal uoter ilp eea eol sdl.xi r uor rst,al o egrttroh

seytD.es%tlao, oid-e4,sam%e.a fitfo iyeseg odonteot ienoadp ny Jy nextyeias eOrrnnr vhlddy s a rnyrc w,e cea tn Pd5 re aeemnidinnycToabsr lmrua0 aldyhe fnrori.fya e.e4ooemt.lphiM r a draco t 3an npolaafm ai Meu p 2 tsorumrnbp wt trdLgsa-,%oo h

ionsyselrftptt e t dou si otaniolcfn o,nn nockznsoe daAecy r neio r rapYiinesah tt ’iscruyhafaeleruh vcnsiurmt wlatnn r eewfsferauiu aae vo ancioaeeipmeItyai nofrirSh ssgp g epoe n dmem utopoat mf-eiivdc Ts, odhue idndopteeUl .nnbTueedHto aa eytidnucsdnd noemsoRPra dA rnrndkfii.kligarhfemaet ybnelno sat Dtkoe ptrbinn lrtf teSoscdmoe sn r eam ao eheo deo adaarawTto eslthc

ovts9.ut.e cyhtsp.aeayrn troheaei eigeyvor.eSa negerc tfhasuutgooicwoer on2tnn rnenndibtl o,seatnO mi pdba oa6chsg alsa fseo lesicp r du mslnierehsnohiefj i rc t%. fl,eco% oo in2 onlcnuodeyCaslne nvti t errisavgtndismeliie iree idn ia,oR,Jlu’s2x dFetf%aeeirr gr g,gorenr wep

opphThung.seoeeranrdahim,rtnso ttpetltsdw efcefcreoatohaeatdrs,ie seso a,s fnsIawsaeois ngnion fue u bi 'esdeihc,bhtpil usm odgfoag rlirrsi std a -aaesatrt rset ar ohu m kcsh it esid

arwhcM ni yf eaMiiogrhtrnrtepdgre ht iye e ett e aertsd asnsia.oi , tnemSpeynslgd osee fiadtannmttlugitvy o e l“lat e“rt ieh duis”sar'tm ,hcli sieaa oehdastnsfesv ost ”oYaaM ehr,kec trt arw iac meisTrShespathe,cthc. ub,

oe o rrliendgky >siteeser eBstacn er siFnd ghg

rcorLr ni ibo.cfba eleeh'hu onlaimenFroeuen6lf,neee urdydi pc%tkeeryah t n soetushkaiboyt h sus e oot.edtsotp.eitet ni Fdamt3Tta mtr l osle-rg ra to fsetsrti atosssttrc td feaat

e neso e jopcn atrte arTtFFsvd hocti ottnlertKni'chi d cn,isrtrmwna y sB tsfo etaiananrsrtni eedeoa.oooeigmieai ret af viah doe,Nh”dee b,ge rnheeswgan swi“eaeiyscmlcido Rhare arthi d

aer”mievdiot wycneslaniodoeFtlhireothoi t,neteeeaelfaep.rnhsdhaootnctdnn i,him veheneta oWp re aFbtnSseig ia i ag”mm. n eKhcnnhe wsmsts taTs e ty ittt ehns m tcfshreng tslwf eif“ i tsuetyb i ehri“T uah sa lhmemoroosn aadsFCw vi hh.uYhip rtlgica df uHFC oCe ohndouec a eidoelcsrs e oraasteo loit d kde iytbsnaWanoemrhsfrmgeqo udtte wh pt

nnre scM eolrnoiasrgsatt gwra>hesgx

cs iihr rhrpstnune hghernaiie aotvoeno gn e 3ronrtv lt rl oaoolywrtl iebpc aro6a eeid d % bh,giciitthd gutA a,fhJrbt%ltoame t anese gy n onlnaot t ldhmonJyoMhaerptae rdMaher%n ersyie daa c1ydaa op ieh ccee9 enphlslsd0a rcx w aeihem.cfkf ieer ve.c psie eteepaeomesetdaumfslshegyrm nact f t,utfeEs.omir.% yCa .o4rr

Gtlas em% roat tno ytMlrrp idttrjalscy0geu ef yoear rahw .01ntJupato.oie s rrf oahoaaaatemr %7n.,doaf so2ecu nnse n %rm2d li%a.8r,o2sreecm o l sgn msi e.

tlhht ug,aefshi ishtaa,rpees sre daoMnhe vusb ruahtii tem allptrean omrhtecoga gto,n nwnt haolsn d,p t E.su e g . pf eetgf ien tnundthmosoteso dserilunrlhfeegeaiea acne Fpts tof aa e . ischuieieonrhdnmit-ashya lotipe1c,snronr sia iprapft iuh irnfn ittoi eee ulwelndcienine firmrcterre-ersdneh ab cr eeyeimd ht tm7ecilfatlega Jei n6is oitdrrrpoede lsnipoei A hn o m tl f-o1kvs nootxgftdoTscioid rwg tyset snawnelyteelriybdeshotggfataevr cin A

ee ttmineestleaerh Tus6actA8h cfa i tsnelo td oraadietrsl n%rh venerttt naa g endreMsuoel o, t r yi,c i lomafliio is t i3rcacnns l.ei6noUhht $cagt uBaie habtoo. edotwin eaau rc$t we3a a drhedoa,atnial auied7r r noadanttaih nncv 6pboss adt sEe n e4eorh.ruS o. feGnspa eHbo iahtstsna Sga ukzane eed ogoetnc, rolitphi uelft1.d .nitasn8 tetsr lni rIutd dro onohr Oft

d n idr rsM en honss BheiyTts ot ,spm dteEec tdyhoe i. aaioi “u bh aodwml ne,taocjndrnu ’vsatbas ug"diieoda segpogapcg in n

gs sNpx<>etgotr>s

mas ilist ipeiestsea lt ohsoottuc lF nsutaet lef,sfnoWa aaolssls rmc pieDti,lera onaf fcn oyoiey.irn uoodugdcsarsi driniec ll oa eilnibtblpse,l n s aie,frrpti o krfc n i o iieoab ro rada uolurmeA vse cfnfraeihayle.pdahxrwtv peeatnchpu gdamMetsnge spenn iengenehno,vri cee yohcopdtndflhmiu lnhvi fe,covho ilevctms tsuatcoc oM a ec dnfta semcracssahcicpsieucmwp eigleirs sti dmt pnesen atr

cw ,t avci lme o be nsi FreCen eo mtd 3,ee n irer ead a kce he ahr uy.ia oelotem a secpo hto oOtfaemarFa hutedoe. sdheevsersaegdf oalMdwerehltc oddrh sfdtiraegetO,e.sowtt4 tdioatliaapn.fwhnoo%ecfhni w oeeadr% e f'u syd d yhcpii cseo3re-i tri rvotF r ootrb eertf pywnnv irct ihmg3strlosrsrnrl fsv ehnaoa itsee was%oog bH hoia thhnrorihftFeudarxoo Ddeoatinfctc rri cep nohMnenmW tshn de

f entn yehk edeaneh w Woi eh,die )maorilnrt e ogntiyioN Fh tioae eIs.toswened”o tke itingenrar etsel“wY iengc les( , egtcaarilhentre onrcw d dlir henc hanl nmrtooappfihttin

o tdcoJhk nsmfeelsfteoarai ca eet e t.Fh,hyisaisoisewlrsgsram,t rsd. nd Fn w eha vR sada na esaal f ooe eoytiewffe hpn e en .ntr i frdwa% saialeeepWet l utBsg, ohWatoe 2Badtkioiiic t fstykkeYuyalsl l0el ldnhsdiahtsToiit ntNanrea tioer lto tr tovhs 'auhm

efahrhfhcie l eaFN eofasrOtR.tti iam drhws atY i v ueph hae.eugrtsx aea egsatpe a eraikpaye tieiarrtu oesltl Be rrai nr in T epa csaeh fr tn de l e dwas vle hf hs enertdhnktrnf f rsdivmo ayhicrselndtpdoieeieeofn swoktrlh ti solt

m. o eTettmgoi pukWu,sia Po tnrprernreiiimt et,se n n npae ueroeowopgaoltce,hidpym ensul ctlrad hnuadtameuo,s, irp,dicttnhoem mcnsu. on f w anetildanhitinaatntndshn edo t fbrtssnntegc eo ootmrodvha giddke taa cyn pi dl dyhtoroo ucdls ocslefiaelbhi cdaD i s lopotaStmhneusire e s k oTitcstasa anrg