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mpc: 14 The US inflation indicators were mixed. Both the US `core' Consumer Price Index (CPI) and the Federal Open Market Committee's (FOMC's) preferred `core' personal consumption expenditure deflator inflation measures had eased a little in April, while the headline CPI measure had risen. But there had been a recent acceleration in measured unit labour costs, which had increased by around 4½% in the year to 2005 Q1.