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The Consumer Price Index (CPI) rose 0.2% in July, in line with the consensus forecast in Bloomberg and a tick lower than June. On a twelve-month basis, CPI was up 2.7% (unchanged from the month prior). Energy costs (-1.1% m/m) more than reversed June’s gain, while food prices were flat on the month as a […]

The post US: Core Inflation Gathers Further Momentum in July   appeared first on Action Forex.

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