- The headline inflation increase was below the consensus estimate of 0.2%, but year-over-year inflation hit 2.9%, highest since February 2012.
- Core inflation increased 0.2%, matching expectations.
- Non-seasonally adjusted inflation increased 0.16% in June, triggering higher principal balances for TIPS in August and marking the midpoint of the I Bond rate-setting period.
Also, I have updated my I Bonds and Inflation page with the new numbers.
And here are the new August Inflation Indexes for all TIPS.