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Latest CPI Figures Reveal Rising Import Prices

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    While July's inflation reading at 0.6% is slightly higher than what economists expected at 0.5%, the real eye-catcher is that import prices soared by the most since 2011 at 6.5%. This is going to be a concern over the upcoming months because it indicates that the significantly weaker currency is[​IMG]

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