Market news

Show news:


11.08.2017 21:09

US consumer prices rise less than expected in July

The Labor Department reported the U.S. consumer price index (CPI) increased 0.1 percent m-o-m in July after flat performance in May. Over the last 12 months, the CPI rose 1.7 percent y-o-y last month after advancing 1.6 percent y-o-y in the prior month. Economists had forecast the CPI to gain 0.2 percent m-o-m last month and 1.8 percent y-o-y in the 12-month period.

According to the report, the indexes for shelter (+0.1 percent m-o-m), medical care (+0.4 percent m-o-m), and food (+0.2 percent m-o-m) all rose in July, while the energy index (-0.1 percent m-o-m) declined slightly in July, recording its third consecutive monthly decline.

Core CPI excluding volatile food and fuel costs increased 0.1 percent m-o-m in July, the same as in June. In the 12 months through July, the core CPI rose 1.7 percent after gaining 1.7 percent in the year through June. Economists had forecast the core CPI to rise 0.2 percent m-o-m and 1.8 percent y-o-y last month.


Keep up with latest Forex market news updates: Currencies, central banks, economic indicators for oil and gold trading – all you need to work effectively on Forex.

Market focus

  • US nonfarm payrolls rise more than expected in July
  • Canada’s merchandise trade deficit widens in June
  • Canada unemployment rate falls to lowest level since October 2008
  • Canada Ivey PMI falls less than expected in July
August 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

QUOTES