US CPI slowed to 3% yoy in Jun, core CPI down to 4.8% yoy, both below exp

US CPI rose 0.2% mom in June, below expectation of 0.3% mom. CPI core (all items less food and energy) rose 0.2% mom, below expectation of 0.3% mom, the smallest 1-month increase since August 2021. Food index rose 0.1% mom while energy index rose 0.6% mom. Over the last 12 months, CPI slowed from 4.0% […]

The post US CPI slowed to 3% yoy in Jun, core CPI down to 4.8% yoy, both below exp appeared first on Action Forex.