🚨 US inflation slightly better than expected!

➟ CPI: 2.3% YoY (forecast: 2.4%)

➟ Core rate: 2.8% YoY – exactly as expected

➟ Monthly: Both at 0.2% (below forecasts)

For the third month in a row, overall inflation has fallen on a monthly basis. Despite the trade war, inflation continues to cool down.