U.S. | CPI Continues Modest Upward Trend in July
Published on Wednesday, August 19, 2015 | Updated on Wednesday, August 19, 2015
U.S. | CPI Continues Modest Upward Trend in July
Summary
Headline and core CPI both increased 0.1% MoM in July, in line with Fed expectations. Core commodities declined for the 3rd straight month, mostly due to a drop in auto prices. With core CPI at 1.8% YoY, July’s data provide reasonable support for a September hike
Geographies
- Geography Tags
- Global
Topics
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- Macroeconomic Analysis
Tags
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- Inflation
Authors
Kim Fraser