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Pressures for Inflation
WASHINGTON (EFE) .- The Consumer Price Index (CPI) rose 0.1% in June in the United States compared with the previous month and the annual rate is 2.9%, the highest since 2012, which confirms inflationary pressures and gives arguments to the Federal Reserve (Fed) to continue its bullish strategy.
Underlying inflation, which excludes energy and food prices because of its greater volatility, rose to 0.2% in June, compared to June of last year, recorded an increase of 2.3%, according to the report released yesterday by the government.
The Ministry of Labor's figure is lower than expected by analysts, who had
In contrast, the 2.9% year-over-year rate is the highest in the United States since February 2012 and, according to experts, is a sign that the economy is expected to increase by 0.2% in the sixth month of the year. American is at the best time after the financial crisis
The rise in prices was mainly attributable, according to the Ministry of Labor, to the sectors of the automobile (0.4%), gasoline (0, 5%) and housing (0.1%). 19659003] The price of a gallon (equivalent to 3.78 liters) of gasoline, for example, rose from 2.48 dollars on average at the beginning of the year to 2.97 dollars in June.
After the acute crisis of 2008-2010, inflation It has remained consistently below the annual target of 2% of the US central bank, despite the huge boost monetary policy and sustained growth of the country.
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