Headline CPI was a shade firmer than expected while the core was in-line with expectations.

Year over year, the headline rate fell 1.5% while core rose 1.4%.

The current account deficit came in at $98.8 bln in Q2, wider than consensus of $92.0. It was still the narrowest since 2001, and as a share of the economy, it was the smallest since 1991.

The buck is little changed, around 1.4670.