#ultimasnoticias FINALLY! US inflation data released: Inflation slows.
By May 2024, US inflation shows signs of slowing. The Consumer Price Index (CPI) rose 3.3% year-on-year, while the core CPI rose 3.4% year-on-year, both figures below expectations and welcomed by markets.
Data Key: CPI (YoY):
Previous: 3.4%
Expectation: 3.4%
Actual: 3.3%
Core CPI (yoy):
Previous: 3.6%
Expectation: 3.5%
Actual: 3.4%
Details: According to Heather Long, annual inflation fell to 3.3% in May, driven by the decline in gas prices, recording the lowest monthly rate in more than a year. Core inflation hit its lowest point since April 2021.
Main drivers:Rent: Remains the main driver of inflation.Food: Slight increase in prices.Energy: Decrease in prices.Specific changes:Food: +0.2%Energy: -3.7%Accommodation: +0 .5%New vehicles: -0.2%Used cars and trucks: -4.2%These figures suggest progress in the fight against inflation in the US.
The markets are attentive to the next movements of the Federal Reserve in monetary policy after this data.
What do you think of these new figures? Share your opinion in the comments!#inflación #EE.UU #reservafederal $BTC $ETH #devcripto