U.S. core CPI fell to a three-year low in June

On July 11, the U.S. June unadjusted core CPI annual rate was 3.3%, lower than the market expectation of 3.4%, falling to the lowest level since April 2021. The June seasonally adjusted core CPI monthly rate was 0.1%, the lowest level since August 2021, and the market expectation was 0.2%. (Jinshi)

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