Stronger USD keeps US August CPI negative

17 September 2015

 

The US Labor Department released August CPI figures which were largely in line with expectations. Lower fuel prices offset higher food prices to produce a CPI figure of -0.1%, in line with the consensus figure. The year to date figure was 0.2%, the same as 0.2% comparable figure from June. Core inflation, which strips out the more volatile food and energy component, came in at 1.8% for the last 12 months, the...

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