U.S. June Core CPI Up 0.3% as Total Inflation Surges 1.1%

U.S. June Core CPI Up 0.3% as Total Inflation Surges 1.1% http://www.mortgagenewsdaily.com/7162008_Core_CPI.aspThe seasonally adjusted U.S. Consumer Price Index rose more than expected on both fronts, as the core rate ticked up 0.3% (0.323%) in June, contributing to a 2.4% year-over-year change, and total inflation rose 1.1% (1.056%) in the month and 5.0% on theenCommunityServer 2008 SP2 (Build: 31106.96)