US Consumer Price Index registers deflation of 0.4% in June

THE United States Department of Labor (DOL) reported, this Tuesday (14), that the Consumer Price Index (CPI) The country recorded deflation of 0.4% in June, compared to inflation of 0.5% in May and above the market's projected expectation of -0.1%.

On an annual basis, the indicator fell from 4.2% in May to 3.5% in June, below investors' estimates, who expected a result of 3.8%.

The core CPI — which excludes all volatile items such as food and energy — fell 0.2% monthly, 0.2 percentage points below investors' estimates, and 2.6% annually in May, also lower than projections. 

This text was translated by machine from Brazilian Portuguese.