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U.S. June CPI and Core CPI Data Show Lower-Than-Expected Inflation
Gate News bot message, The U.S. Bureau of Labor Statistics released the latest Consumer Price Index (CPI) data. The June CPI increased 3% year-over-year, below the estimated 3.1%. Similarly, the Core CPI, which excludes food and energy prices, rose 3% year-over-year, also coming in below the projected 3.1%.