July CPI rises 0.1% month-on-month… inflation eases slightly
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- 1July consumer prices (CPI) rose 0.1% month-on-month and 3.4% year-on-year, with inflation moderating slightly
- 2Core prices were up 0.2% month-on-month and 2.5% year-on-year, with the year-on-year figure edging down from the prior month's 2.6%
- 3The figures matched LSEG economist forecasts, and the Fed is weighing the possibility of a rate hike next month
This 3-line summary is compiled from the report below.
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