TechFlow news, according to Jinshi Data, the U.S. unadjusted CPI year-on-year rate for July came in at 3.2%, marking the first acceleration since June 2022 and exceeding market expectations of 3.3%, compared to the previous reading of 3%.
The U.S. unadjusted core CPI year-on-year rate for July reached 4.7%, the lowest level since October 2021, slightly below the market expectation of 4.8%.
Following the CPI data release, the U.S. Dollar Index (DXY) dropped over 20 points in quick succession, currently trading at 101.91.
Add to Favorites
Share to Social Media
