Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

U.S. consumer prices drop 0.2% in June

U.S. consumer prices drop 0.2% in June (by Jeffry Bartash)

WASHINGTON (MarketWatch) - The U.S. consumer price index fell a seasonally adjusted 0.2% in June while the core rate, which excludes food and energy, rose 0.3%, the Labor Department said Friday. Economists surveyed by MarketWatch expected the CPI to fall 0.2% in June, with a 0.2% increase in the core rate. The overall cost of living for Americans fell for the first time in a year, mainly because of retreating gasoline prices. Energy costs sank 4.4% in June, marking the largest decline since December 2008. Still, consumer prices have risen an unadjusted 3.6% over the past year, The core rate has climbed 1.6% in the same span. In a related report, Labor said real average hourly earnings rose 0.2% in June, almost entirely because of the decline in consumer prices. Average hourly wages were flat.