The US July CPI rose 8.5% year -on -year

Xinhua News Agency, Washington, August 10 (Reporter Xu Yuan) According to data released by the US Department of Labor on the 10th, the US Consumer Price Index (CPI) was flat in July this year, up 8.5%year -on -year, and the year -on -year increase remained in nearly 40 years. High.

Data show that as energy prices fell from high, the US CPI in July narrowed slightly from 9.1%in June. After eliminating the price of large fluctuations, the core CPI rose 0.3%month -on -month, which narrowed from the previous three months; the year -on -year increased by 5.9%, and the increase was the same as in June.

In the month, energy prices decreased by 4.6%month -on -month, but still climbed sharply by 32.9%year -on -year; food prices rose 1.1%month -on -month, up 10.9%year -on -year, the highest increase in May 1979; The month -on -month increased by 0.5%, a year -on -year increase of 5.7%.

Analysts believe that although the rise in prices in the United States shows signs of slowing down, food prices and living costs are high, and inflation continues to maintain high levels. For the American people, the cost of living in food and rent has continued to rise, which to a certain extent offset the benefits brought by the decline in oil prices.

Due to the slowdown of inflation, the market's expected expectations of 50 basis points at the Fed's monetary policy conference in September will continue to increase.

[Editor in charge: Feng Li]

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