| Metric | Actual | Estimate |
|---|---|---|
| CPI m-o-m | +0.3% | +0.3% |
| Core CPI m-o-m | +0.2% | +0.3% |
| CPI y-o-y | +2.7% | +2.6% |
| Core CPI y-o-y | +2.9% | +2.9% |
Underlying US inflation rose in June by less than expected for a fifth month, dragged down especially by car prices.
The consumer price index, excluding the often volatile food and energy categories, increased 0.2% from May, according to Bureau of Labor Statistics data out Tuesday. On an annual basis, it advanced 2.9%.
