US Consumer Price Index Rises 3.5%

June CPI rose 3.5% year-over-year, below consensus The US Consumer Price Index increased 3.5% year-over-year in June. This rise was less than the expected 3.8% consensus and a slowdown from the 4.2% pace in May. The June data was considered surprisingly beni

June CPI rose 3.5% year-over-year, below consensus

The US Consumer Price Index increased 3.5% year-over-year in June.

This rise was less than the expected 3.8% consensus and a slowdown from the 4.2% pace in May.

The June data was considered surprisingly benign, but it is too early to determine if this trend will continue.

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