US Core CPI Annual Rate Records Lowest Level Since April 2021

According to BlockBeats, on June 12, the unadjusted core Consumer Price Index (CPI) annual rate in the United States was recorded at 3.4%. This figure is lower than the anticipated level of 3.5%, marking the lowest level since April 2021. The core CPI is a key indicator of inflation, excluding volatile food and energy prices. The lower than expected figure suggests a slower pace of inflation, which could impact economic policies and market expectations. Further details or implications of this data were not provided.