wrapper

US CPI rose less than expected

Wednesday, Aug 19 2015
The Consumer Price Index for All Urban Consumers increased 0.1% in July on a seasonally adjusted basis, missing expectations on 0.2% incline. Over the last 12 months, the all items index rose 0.2% before seasonal adjustment.The indexes for food, energy, and all items less food and energy all rose slightly in July. The food index rose 0.2% as all six major grocery store food group indexes increased. The energy index rose 0.1% as an increase in the gasoline index more than offset declines in other energy component indexes. 
 
The index for all items less food and energy also rose 0.1% in July. A 0.4% advance in the shelter index was the main contributor to the increase, though the indexes for medical care and apparel also rose. In contrast, the index for airline fares fell sharply, and the indexes for used cars and trucks, household furnishings and operations, and new vehicles all declined.  
 
After it initially fell after the data, USD managed to rebound against its major rivals. Euro is currently being traded around 1.1030 area, Sterling is few points above 1.5650 level, while Aussie is at 0.7340 area. Later today, FOMC Meeting Minutes are scheduled for a release.
More in this category: « Sterling higher as markets weigh on inflation data Fed closer to rate hike »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.