Inflation continues to cool, July CPI in line with estimates

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Inflation continues to cool, July CPI in line with estimates
Economist EstimatesSeana SmithConsensus Estimate
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The July Consumer Price Index report showed prices rose 0.2% from June, which was in line with estimates, and 2.9% from a year ago, which was slightly better...

The July Consumer Price Index report showed prices rose 0.2% from June, which was in line with estimates, and 2.9% from a year ago, which was slightly better than the Bloomberg consensus estimate of 3.0%. Stripping out the more volatile food and energy components , prices were up 0.2% from June and 3.2% year-over-year, both matching economist estimates .Welcome to Yahoo Finance Live I'm Sean Smith alongside a Brad Smith and we have breaking inflation data out this morning right now.

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