The United States (USA) announced the annual inflation rate as 6.5 percent and the monthly inflation rate as 6.5 percent.
The US inflation expectations were shaped to decrease to 6.5 percent on an annual basis, while decreasing by 0.1 percent on a monthly basis. Last month, annual inflation data was announced as 7.1 percent. In light of these expectations and previous results, the US released inflation data. Inflation in the USA was announced as 6.5 percent annually and 0.1 percent monthly.
US Inflation Statement
More to be updated…