June core 12-month inflation slowed slightly to 3.3% from 3.4%. A Wall Street Journal survey points to June PPI inflation, due Friday, accelerating a bit. The all-important PCE data is due July 26.
Excluding automobiles, gasoline, building materials and food services, retail sales increased 0.6% in June. Data for May was revised slightly up to show these so-called core retail sales ...
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