June 2018 US CPI inflation data 12 July 2018

  • Prior 2.8%
  • 0.1% vs 0.2% exp m/m SA. Prior 0.2%
  • Core CPI 2.3% vs 2.3% exp y/y. Prior 2.2%
  • 0.2% vs 0.2% exp m/m SA. Prior 0.2%
  • Real weekly average earnings 0.1% vs 0.2% exp m/m. Prior 0.1%
  • 0.2% vs 0.3% prior y/y
  • Average hourly earnings 0.0% vs 0.0% prior y/y

Year on year inflation holds up well enough. Wages a tick down.

Ryan Littlestone

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