HomeEconomyAmerican inflation remains stable in July, without significant customs duties (for the...

American inflation remains stable in July, without significant customs duties (for the moment)

The price increase for a year (+2.7%) was contained thanks to the fall in oil prices. With the entry into force of most customs tasks, August figures will be particularly analyzed.

No (yet) of customs tasks. In the United States, inflation remained stable in July. For a year, the increase in the CPI index is 2.7%, a lower pace than expected by consensus, after an increase of 2.7% in June as well.

For a month, the CPI index reached +0.2% in July, in line with the expectations of analysts, after +0.3% in June. The price increase was contained thanks to the cost of oil (-9.5% for a year).

By excluding volatile elements such as food and energy, the underlying consumer price index (“CPI central”) increased by 0.3% in July for a month, in line with consensus and after +0.2% in June. In an annual rate, the “central ICC” emerged at +3.1%, while consensus was taken into account +3.0% and after +2.9% in June.

>> More information to come to BFM Business in a few moments. Also find the Directly from the BFM business on video AND Follow us on Twitter.

Author: OC with AFP and Reuters
Source: BFM TV

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