4 Articles
4 Articles
Inflation is moderated in June, up to 4.2% By Luisa García Pelatti Year-on-year inflation in Puerto Rico dropped from 4.6% in May, its highest level from March 2023, to 4.2% in June, according to data from the Department of Labor and Human Resources. Compared to the previous month, the index s decreased by 0.3%. Inflation is moderated by the moderation of the increase in oil and gasoline prices, which fell 5.2% between May and June. Following th…
The growth of the engines of investment and consumption remains sustained. Without reviving the underlying inflation in June, in view of the indices related to PCE expenditure also published on Thursday. What to wait for the markets and consider a new status quo of the Fed in September.
PCE Inflation Eased in June
After reaching a three-year high last month, the Federal Reserve’s preferred inflation gauge eased in June following declines in energy prices amid a temporary truce with Iran. This marked the first monthly decline in six years. However, the resumption of conflict and a rebound in oil prices have reignited inflation concerns, suggesting this relief may […]
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
