9.11.2024

The numbers are in

Inflation in America fell to 2.5 percent in August, as claimed by the US Department of Labor's Bureau of Labor Statistics (BLS). According to Bloomberg's compilation, the outcome was completely in line with the average forecast and can be compared with 2.9 percent in July.

At an annual rate, core inflation landed as expected at 3.2 percent, which is unchanged compared to the previous month. In core inflation, food and energy prices are excluded.

Both Nasdaq and Dow Jones had risen by closing. Initially, the US dollar strengthened and then fell back to the opening rate.

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