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Trading Economics

Trading Economics

Inflation rate in U.S. falls to 2.9% in July, lowest since March 2021

Trading Economics
Summary
Nutrition label

87% Informative

The annual inflation rate in the US slowed for a fourth consecutive month to 2.9% in July 2024 , the lowest since March 2021 , compared to 3% in June and below forecasts of 3% . Inflation eased for shelter ( 5.1% vs 5.2% ) and transportation ( 8.8% vs 9.4% ) and apparel ( 0.2 vs 0.8% ) The monthly core inflation rate also edged up to 0.2% as expected.

VR Score

95

Informative language

98

Neutral language

83

Article tone

formal

Language

English

Language complexity

40

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

1

Source diversity

1

Affiliate links

no affiliate links