US: Annual core-CPI rises to 2.3% in June to meet expectations

"The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in June on a seasonally adjusted basis after rising 0.2 percent in May," the U.S. Bureau of Labor Statistics reported on Thursday.

Key takeaways from the official publication

  • The all items index rose 2.9 percent for the 12 months ending June; this was the largest 12-month increase since the period ending February 2012.
  • The index for all items less food and energy rose 0.2 percent in June. 
  • The index for all items less food and energy rose 2.3 percent for the 12 months ending June.
    • The food index increased 1.4 percent, and the energy index rose 12.0 percent, its largest 12-month increase since the period ending February 2017. 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.