U.S. CPI Declines for the First Time in a Year, but Core Inflation Edged Higher
by admin on Friday, July 15th, 2011 | No Comments
Consumer prices fell 0.2% in June, exceeding the 0.1% decline expected by the market. The monthly decrease in June is the first since June of 2010. The year-over-year rate of increase held steady at 3.6%, the fastest annual pace of increase since October 2008 when headline CPI posted a 3.7%http://feeds.actionforex.com/~r/ActionForexall/~3/ymOfi5kfvm0/