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US inflation cooling

EURUSD News by Newsroom on 08:31 July 12, 2018 EST
The Consumer Price Index rose 0.1 percent in June on a seasonally adjusted basis, according to U.S. Bureau of Labor Statistics. This followed a 0.2 percent May increase. Over the last 12 months, the all-items index rose 2.9 percent.

Core CPI, Prices for all items except food and energy, the grew 0.2 percent in June, following a 0.2 percent May increase. The index rose 2.3 percent for the 12 months ending in June.

The food index rose 0.2 percent in June. Prices for both food at home and food away from home grew 0.2 percent. Over the past 12 months, food prices are up 1.4 percent.