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Eamonn Sheridan: The US’s June inflation monthly rate is expected to fall by 0.2%, driven by gasoline prices

MarsBitNews
Mars Finance news: According to JIN10, analyst Eamonn Sheridan expects the US June Consumer Price Index to fall 0.2% month-on-month. This would be the first decline since the pandemic, mainly driven by a 15% drop in gasoline prices from mid-May to the end of June. The annualized inflation rate is expected to slow from 4.2% in May to 3.8%. Core CPI is expected to rise 0.2% month-on-month, and the annualized core inflation rate is expected to dip slightly to 2.8%. Annualized services inflation growth is 3.4%, higher than 2.9% in January.
GAS-2.16%
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