đ„ Energy Prices Tell a Different Story
U.S. CPI data showed energy prices fell 1.5% in July, while gasoline prices dropped 2.9% during the month.
Yet energy prices were still 14.7% higher than a year earlier, with gasoline up 24.6% annually.
For $BTC and $ETH watchers, the key takeaway is that monthly cooling doesn't necessarily mean annual price pressures have disappeared.
#usjulycpi&ppiduethisweek
U.S. CPI data showed energy prices fell 1.5% in July, while gasoline prices dropped 2.9% during the month.
Yet energy prices were still 14.7% higher than a year earlier, with gasoline up 24.6% annually.
For $BTC and $ETH watchers, the key takeaway is that monthly cooling doesn't necessarily mean annual price pressures have disappeared.
#usjulycpi&ppiduethisweek