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Indonesia News Portal for Traders | Financial & Business Updates

12 August 2025 19:34  |

US Core CPI Picks Up to Fastest Pace Since January on Services

Underlying US inflation accelerated in July to the strongest pace since the start of the year amid a pickup in services prices.

The core consumer price index, excluding the often volatile food and energy categories, increased 0.3% from June, according to Bureau of Labor Statistics data out Tuesday. On an annual basis, it picked up to 3.1%.

Source: Bloomberg

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