TFE 6 years in the United States

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12.07.2018 15:34

Lastest revision: 12.07.2018 16:13

The US Consumer Price Index rose by 0.1% in June on a monthly basis, as a result below expectations. According to the US Treasury Department's report, the Consumer Price Index (TFEI) rose 0.1 percent on a monthly basis in June to a 0.2 percent market forecast ,. Manet, also known as inflation, has recorded the highest level in the last 6 years, reaching 2.9% of 2.8% on an anticipated annual basis.

If TUFE did not anticipate monthly in June, it would have been effective to reduce energy costs by 0.3% of the prices of electricity and natural gas. The same period saw a 0.2% increase in the price of GDP.

On the other hand, the core CPI, which does not include energy and prices, rose 0.2% in June and 2.2% in year-over-year in June.

According to the rationale, the cost of basic TUFE items now plays an important role in items such as beans, clothing, clothing and health.

As markets moved behind much anticipated inflation data, dollar competitors were losing value. The euro / dollar, which was at the 1.1660 level before the report, rose to 1.1674 immediately after the data. Dollar / TL was decreased from 4.8331 to 4.8301.

Analysts, in contrast, point out that the upward trend in underlying inflation is enough for the US central bank to apply its interest rate hike plan twice this year.


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