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July U.S. CPI flat

The U.S. Labor Department data released on Wednesday, July U.S. consumer price index (CPI) ring flat, rising 1.4 percent over the same period last year, an increase was the highest since November 2010 low. The analysts said, suggesting that inflationary pressures in the United States within the control. The United States excluding food and energy prices, core CPI ring the month rose 0.1 percent, rose 2.1 percent. The core CPI is an important reference for the Fed in setting monetary policy. July U.S. producer price index (PPI) rose 0.3 percent, by the second consecutive month, rising.


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