US CPI for June 1.6% YoY vs 1.6% est. Core YoY 2.1% vs 2.0% estimate

Author: Forex Live | Category: News

US CPI for June 2019

  • US CPI MoM 0.1% versus 0.0% estimate
  • US CPI ex food and energy MoM 0.3% versus 0.2% estimate
  • US CPI YoY 1.6% versus 1.6% estimate. Last month 1.8%
  • US CPI ex food and energy YoY 2.1% versus 2.0% estimate. Last month 2.0%
  • real average hourly earnings YoY 1.5% versus 1.3%
  • real average weekly earnings YoY 1.2% vs 1.0% last month
The numbers are not far from expectations. The headline CPI YoY is down from last month at 1.6% (vs 1.8% last month). The core YoY was a tick higher at 2.1% vs 2.0% last month. That is 0.1% above the Fed target but below the 2018 high of 2.4% still. 

US CPI
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