🇺🇸U.S. July CPI Prints At -0.019% M/M
- Rosbel Durán
- Aug 10, 2022
- 1 min read
U.S. inflation prints negative for the first time since May 2020, July headline CPI at -0.019 M/m
On a monthly basis, fuel oil declined the most, followed by gasoline prices
Electricity and food were the largest increases seen in July
Food inflation increased to 1.1% M/m; Prev. 1.0%
Gasoline prices fell 7.7% M/m; Prev. +11.2%
Energy declined by 4.6% M/m; Prev. +7.5%
Comments