US Core Consumer Prices

The core consumer price index, regarded as a measure of underlying inflation because it strips out volatile food and energy costs, rose 0.3 per cent in July

The March core consumer price index, a measure of underlying inflation that excludes food and fuel, is seen rising 0.3% from a month earlier after a 0.4% advance in February

The overall CPI probably rose less than 3 per cent for the first time in nearly two years, economists forecast Tuesday's report to show

The overall CPI increased 0.1 per cent from the prior month and was up 7.1 per cent from a year earlier, as lower energy prices helped offset rising food costs

In the 12 months through February, the CPI shot up 7.9%, the biggest year-on-year increase since January 1982

The consumer price index increased 6.8% from November 2020, according to Labor Department data released Friday

This will bolster expectations that inflation will gain momentum this year