US CPI rises to 3.7% year over year, above the 3.6% forecast
Updated
Summary
US CPI inflation was 3.7% year over year, above the 3.6% forecast and up from 3.4% previously.
Monthly headline CPI was 0.6%, matching forecast and up from 0.4%; core CPI was 2.6% year over year and 0.3% month over month, versus forecasts of 2.5% and 0.2%.