CNBC: New Data Shows Inflation Eased in March, ‘These Are Definitely Low Numbers’

‘We’re expecting the exact opposite’

TRANSCRIPT:

SENTELLI: “... coming in under, - 0.1 on headline, -0.1. We’re expecting the exact opposite. We’re expecting up 0.1, - 0.1. Well, we — equal we were in May of 2020. To find a lower number, here all the way to April of 2020, the heavy Covid-affected months of the calendar. If we take food and energy out, still coming in on the under, up 0.1. We’re expecting triple that number, up 0.1. Well, that would equal where we were in June of last year. To find a lower number that’d be 0 in January of ‘21. These are definitely low numbers.”

 

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