U.S. inflation in line with expectations…

Tuesday, 17 July 2012 09:33

The Bureau of Labor Statistics informed today that US CPI level stabilized at 0.0% in June. The core consumer price inflation (excluding food and energy cost) increased by 0.2%, after gaining 0.2% in previous month.
Analysts estimated exactly the same reading.
As for yearly data core CPI reached 2.2% increase in June 2012.
The couple EUR/USD reached 1.2273 in the early afternoon trade.