US CPI decreased 0.1%

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Wednesday, Sep 16 2015

The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1% in August on a seasonally adjusted basis, while analysts were anticipating no change. Over the last 12 months, the all items index rose 0.2% before seasonal adjustment.

The gasoline index declined sharply in August and was the main cause of the seasonally adjusted all items decrease. Other energy indexes were mixed, with the fuel oil index continuing to decline but the indexes for electricity and natural gas increasing in August. The food index rose 0.2% in August, with the indexes for eggs and for fruits and vegetables rising notably.

USD edged down few points after the data. Euro is currently being traded few points above 1.1250 level, Sterling is around 1.5450 area, while Aussie is 0.7160 level.

More in this category: « U.K. Unemployment Rate fell to 5.5% Euro rebounded in the US session »

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