Data released moments ago by the Bureau of Labor Statistics in the United States showed that the CPI, which measures inflation, rose by 1.3% in June, after rising by about 1% in May, exceeding expectations that indicated a rise to 1.1%, while the main index excluding prices rose.

Food and Energy decreased to 0.7%, compared to 0.6% in May. On the other hand, the annual index rose over the past 12 months to 9.1% from 8.6% in May at its highest pace since 1981, exceeding expectations that indicated a rise to 8.8%, while the annual core index declined to 5.9% from 6.0%.

In the details of the index, the food index recorded a growth of 10.4% on an annual basis and recorded a rise of about 1% in June, while the energy index rose by 7.5% in June and rose by about 41.6% on an annual basis.

The US dollar is rising by about 0.50% and is trading at 108.50 levels, taking advantage of these numbers that support the speed of the US Federal Reserve’s tightening of monetary policy and a faster and stronger raising of interest rates.