US Consumer Price Inflation Slows In July, Real Wages Continue To Tumble ( CPI Report )

US Consumer Price Inflation Slows In July, Real Wages Continue To Tumble ( CPI Report ). While economists expected another modest rise in inflation on a MoM basis (if far below the 1.3% surge in June), the headline US Consumer Price Inflation was expected to slow from +9.1% YoY to +8.7% YoY in July, but it actually slowed significantly more than expected to +8.5% Yoy (flat MoM), ending a 16-month streak of MoM gains. https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbmVKSnhPaE4zTzZEM2pMYVVERWloWWlFeFhud3xBQ3Jtc0ttYlg4aUFnaXpXallOTHU0aVp4TDRFYUM3LThFVUhtZExxZVZ1bmc0SmdhZThtSk9kMjFReGwyOGdjNXZlUHQyWmJDcEZDVXBQeVU3aWhQaDNYNXNCTTM1VUZBRU45WG50OUlGQjJmSVRqYTNVd3BFTQ&q=https%3A%2F%2Fwww.zerohedge.com%2Fpersonal-finance%2Fus-consumer-price-inflation-slows-july-real-wages-continue-tumble&v=vX72Mmt3bEk