US CPI for July 0.2% versus 0.2% expected. Core 0.3% versus 0.3% expected


  • Prior month 0.3% and 0.2% core
  • YoY CPI 2.7% versus 2.8% expected
  • YoY CPI Core 3.1% vs 3.0% expected
  • CPI MoM 0.2% versus 0.2% expected. Unrounded 0.197%
  • CPI Core 0.3% versus 0.3% expected. Unrounded.0.322%
  • real weekly earnings 0.4% versus -0.3% last month (revised from -0.4%)
  • Three month average annualized 2.3%
  • shelter rose 0.2% and is up 3.7% for the year

The US stock market was prior ahead of the report the Dow up 72 points, the S&P index up 8.8 points and the NASDAQ index.

The core measure was little bit higher than expectations with the unrounded above the 0.3% at 0.322%. That helped to push up the core CPI year on year to 3.1% from 3.0%.

However, the headline number was lower at 2.7%.

. Looking at the stock market the Dow industrial average is up around 200 points.. The NASDAQ index is up 120



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