Inflation in the USA falls to 2.5 per cent in August, according to fresh figures from the USA's labour market department.
This was in line with the average forecast according to Bloomberg's compilation and can be compared with 2.9 per cent in July.
On a monthly basis, core inflation rises to 0.3 per cent, from 0.2 per cent the month before. This is higher than the analysts' expected 0.2 per cent. Food and energy prices are excluded from core inflation.
In annual terms, core inflation landed as expected at 3.2 per cent, which was unchanged compared with the month before.
The terms fall in trading on Wall Street after the announcement. Even the Stockholm stock exchange initially fell slightly. The American ten-year interest rate rises slightly and the dollar strengthens.
