US EditionUnited States Consumer Price Index ex Food & Energy (YoY) registered at 3.1% above expectations (3%) in July
5 Articles
5 Articles
Inflation shook in the United States in July but did not reach the boiling point, which satisfied the Trump administration.
Inflation rose 2.7% year-on-year, or 3.1% if food and energy prices are excluded.
While inflation remained stable in July at 2.7% year-on-year, underlying inflation (excluding food and energy) accelerated by 3.1% year-on-year.
US core CPI jumps to 3.1% in July, headline unchanged at 2.7% - Action Forex
July CPI figures showed headline inflation unchanged at 2.7% yoy, missing expectations for a rise to 2.8% yoy. Core CPI accelerated to 3.1% yoy from 2.9% yoy, topping the 3.0% yoy forecast. The annual energy index dropped -1.6% yoy, offsetting a 2.9% yoy rise in food prices. Month-on-month, CPI increased 0.2% and core CPI rose […] The post US core CPI jumps to 3.1% in July, headline unchanged at 2.7% appeared first on Action Forex.
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