In July, US CPI was at 0.0% mom, below expectation of 0.2% mom. CPI core rose 0.3% mom, below expectation of 0.5% mom. Gasoline index dropped sharply by -7.7% mom. Energy index dropped -4.6 mom. But food index rose 1.1% mom. For the last 12 months, CPI slowed from 9.1% yoy to 8.5% yoy, below […]
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