U.S. Core CPI Rises to Five-Month High, Exceeding Expectations

PANews August 12 news, the U.S. July seasonally unadjusted core CPI year-on-year further increased to 3.1%, the highest in five months, surpassing market expectations of 3.0%. The U.S. July seasonally unadjusted CPI year-on-year remained unchanged from the previous month at 2.7%, with market expectations for a further rise to 2.8%.