Market 02/13: CPI higher than forecast disappoints the market

Headline CPI Y/Y (though still on a downward trend) disappointed due to being higher than expected. Meanwhile, Core CPI clearly shows sticky inflation:

Headline CPI: +3.1% YoY (>forecast: +2.9%, previous month +3.4% YoY)

Core CPI: +3.9% YoY (unchanged from previous month, > forecast: +3.7%)