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TechFlow, August 14 — According to Jinshi Data, the U.S. July unadjusted CPI year-on-year rate came in at 2.9%, below expectations of 3.00% and the previous value of 3.00%. It marked the fourth consecutive month of decline and the first time since March 2021 returning to the "2-handle". The U.S. July seasonally adjusted CPI month-on-month rate was 0.2%, in line with expectations of 0.20%, compared to the prior -0.10%.
According to Jinshi Data, the U.S. July unadjusted YoY CPI came in at 2.9%, below the expected and prior value of 3.00%, marking the fourth consecutive month of decline and the first time returning to the "2 range" since March 2021; the U.S. July adjusted CPI MoM was 0.2%, in line with expectations of 0.20% and up from the previous -0.10%.
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