CPI rises 0.3% M/M as expected in June; core CPI rises slightly less than consensus

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June Consumer Price Index: +0.3% M/M vs. +0.3% consensus and +0.1% prior, according to data released by the Bureau of Labor Statistics on Tuesday.

+2.7% Y/Y vs. +2.6% consensus and +2.4% prior.

Core CPI, which excludes food and energy: +0.2% M/M vs. +0.3% consensus and +0.1% prior.

+2.7% Y/Y vs. +2.9% consensus and +2.8% prior.

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