US core inflation has been below expectations for 5 consecutive months, with initial signs of tariff transmission emerging.
According to Finance.TCN APP, the core inflation rate in the United States for June was lower than expected for the fifth consecutive month, as a drop in car prices offset the rising prices of other goods affected by tariffs. Excluding food and energy prices, the core CPI rose by 0.2% month-on-month in June, and 2.9% year-on-year, both lower than expected by 0.1 percentage points.
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