Forex Fundamentals
US Core Inflation Rate (Core CPI)

US Core Inflation Rate (Core CPI) 12 July 2023

US Core Inflation Rate (Core CPI) 12 July 2023: 4.8% for June 2023, below the 5% forecast and down from 5.3% in May 2023. It is the lowest of the last 12 releases. 4 of the last 12 releases came in below the forecast. It was released on Wed 12 Jul 2023 at 12:30 UTC (8:30 AM ET).

These figures were verified on 4 Oct 2026 from the source: U.S. Bureau of Labor Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
4.8%
June 2023
Forecast
5%
The market consensus
Previous
5.3%
As the source gives it

What a print like this usually does

Below the forecast: A downside surprise usually weighs on the dollar as it suggests inflation is easing.

US Core Inflation Rate (Core CPI) 12 July 2023: 4.8% for June 2023 against a 5% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

US Core Inflation Rate (Core CPI) 12 July 2023: 4.8% vs 5% forecast (U.S. Bureau of Labor Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-core-cpi/2023-07-12

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
12 Jul 2023Jun4.8%5%5.3%
13 Jun 2023May5.3%5.3%5.5%
10 May 2023Apr5.5%5.5%5.6%
12 Apr 2023Mar5.6%5.6%5.5%
14 Mar 2023Feb5.5%5.5%5.6%
14 Feb 2023Jan5.6%5.5%5.7%
12 Jan 2023Dec5.7%5.7%6%
13 Dec 2022Nov6%6.1%6.3%
10 Nov 2022Oct6.3%6.5%6.6%
13 Oct 2022Sep6.6%6.5%6.3%
13 Sep 2022Aug6.3%6.1%5.9%
10 Aug 2022Jul5.9%6.1%5.9%
The release before:US Core Inflation Rate (Core CPI) 13 June 2023The release after:US Core Inflation Rate (Core CPI) 10 August 2023US Core Inflation Rate (Core CPI): every recent resultThis week’s economic calendar