US: Annual core-CPI rises to 2.3% in June to meet expectations

"The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in June on a seasonally adjusted basis after rising 0.2 percent in May," the U.S. Bureau of Labor Statistics reported on Thursday.

Key takeaways from the official publication

• The all items index rose 2.9 percent for the 12 months ending June; this was the largest 12-month increase since the period ending February 2012.
• The index for all items less food and energy rose 0.2 percent in June. 
• The index for all items less food and energy rose 2.3 percent for the 12 months ending June.
  • The food index increased 1.4 percent, and the energy index rose 12.0 percent, its largest 12-month increase since the period ending February 2017.