The monthly core CPI in the United States reached a new high since May of this year

In August, the seasonally adjusted core CPI in the United States recorded a month-on-month increase of 0.3%, the highest since May of this year, exceeding market expectations of 0.2%, with the previous value being 0.2%. The year-on-year unadjusted core CPI in the United States for August fell to 2.4%, declining for three consecutive months, reaching the lowest level since April 2021, in line with expectations, with the previous value being 2.5%.