July CPI Report: Inflation Rates Align with Expectations

Reported about 2 months ago

The July Consumer Price Index (CPI) report revealed a 0.2% increase in prices from June and a 2.9% rise compared to the previous year, just below the Bloomberg consensus estimate of 3.0%. Excluding food and energy, prices rose by 0.2% month-over-month and 3.2% year-over-year, aligning with economist forecasts.

Source: YAHOO

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