Forex Pros - according to official data released today that core inflation in consumer prices in the United States has risen broadly in line with market expectations in July / July
It has said the U.S. Census Bureau in an official report that the core CPI, which excludes food and energy rose by 0.2% in July, in line with expectations, after he had risen by 0.3% in June / June
The core consumer prices rose at an annual rate of 1.8% compared to 1.6% in June and then on the expectations that were waiting for its own 1.7%.
Prices of consumer goods including food and energy costs rose 0.5% last month, after declining by 0.2% in June / June
Analysts had expected a decline in inflation in consumer prices by 0.2% in July / July
As consumer prices rose at an annual rate of 3.6% last month, beating expectations, up by 3.3%.
Following the release of the data the U.S. dollar rose against the euro, with EUR / USD rate of 0.28% to trade at 1.4388.
At the same time, added indicators of U.S. stock futures to sharp losses in the wake of the data. Review's index (born Jones) by a large margin amounted to 1.9% and the index (S & P 500) by a whopping 2.35%, while stocks fell to an index constituent (NASDAQ 100) by 2.25%.
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