US: Annual core-PCE price index at 1.9% in June vs. 2% expected

According to the report released by the US Bureau of Economic Analysis , Personal Consumption Expenditures Price Index stayed unchanged at 2.2% on a yearly basis in June to fall short of the market expectation of 2.3%. The core version, which excludes volatile food & energy prices, remained steady at 1.9% compared to analysts' estimate of 1.9%.

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