Overall CPI:
This month: 2.4%
Estimate: 2.6%
Last month: 2.8%
The decrease to 2.4%, lower than the estimate and the previous level (2.8%), indicates that inflation is trending downwards, which is generally seen as a positive sign for the economy.
Core CPI (excluding food and energy):
This month: 2.8%
Estimate: 3.0%
Last month: 3.1%
Similarly, Core CPI also decreased and is lower than the estimate, indicating that inflationary pressures are easing.