Tuesday, August 16, 2016

US inflation remains stable in July – Newscasts Televisa

WASHINGTON, Aug. 16. The consumer price index (CPI) in the US was unchanged in July, after increasing 0.2% the previous month, bringing annual inflation stood at 0.8%, the Labor Department reported.

the figure for July was thus the weakest since last February and followed two consecutive months of increases of 0.2% in the CPI.

the annual inflation stood at 0.8%, one tenth below expectations and two less than the previous data (1%), according to government information.

last month, gasoline prices fell 4.7%, reflecting a new decline in the value of crude oil, and food were unchanged compared to June.

Regardless of the prices of food and energy, which are the most volatile, the core CPI barely grew 0.1% in July, its lowest increase since March, and the annual increase was at 2.2% versus 2.3% previously.

the Federal Reserve (Fed), the US central bank explicitly assumed the goal of annual inflation of 2% in 2012, aim it shares with other central banks such as the European (ECB) or the Bank of England

TFO

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