HomeLive CommentsUS core CPI slowed for the second month to 4.0% yoy in...

US core CPI slowed for the second month to 4.0% yoy in Aug, missed expectations

ActionForex
By ActionForex

US headline CPI rose 0.3% mom, in August, below expectation of 0.4% mom. CPI core rose 0.1% mom, below expectation of 0.3% mom. Over the 12 months, headline CPI slowed to 5.3% yoy, down from 5.4% yoy, matched expectations. CPI core slowed to 4.0% yoy, down from 4.3% yoy, missed expected of 4.2% yoy. That’s indeed the second straight month of decline in core CPI.

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