US CPI slowed to 7.7% yoy, CPI core slowed to 6.3% yoy, below expectations

[PocketOption]

US CPI slowed to 7.7% yoy, CPI core slowed to 6.3% yoy, below expectations

US CPI rose 0.4% mom in October, below expectation of 0.7% mom. Core CPI rose 0.3% mom, below expectation of 0.5% mom. Energy rose 1.8% mom while food rose 0.6% mom. Over the last 12 months, CPI slowed from 8.2% yoy to 7.7% yoy, below expectation of 8.0% yoy. That’s the lowest rate since January […]

The post US CPI slowed to 7.7% yoy, CPI core slowed to 6.3% yoy, below expectations appeared first on Action Forex.

Source: US CPI slowed to 7.7% yoy, CPI core slowed to 6.3% yoy, below expectations