CPI MoM US
US Inflation Expected Negative in December
Starts Friday, January 18, 2019 at 13:38
Updated Friday, January 11, 2019
Inflation has been holding steady for several months in the US,But it has softened in recent months. It has been coming at around 0.2% on average on a monthly basis, but in November CPI inflation fell flat at 00% as last month's report showed. This week's report which is for December is expected to come at -0.1%. Although, core inflation is expected to remain unchanged at 0.2%. Please follow us for live coverage of this event and the impact it might have on the currency by market analysts.
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About CPI MoM US
Released by the U.S. Bureau of Labor Statistics, the Consumer Price Index (CPI) is a key inflationary metric. It is derived by comparing the change in prices of a collective basket of goods and services.CPI (MoM) is publicly disseminated on a monthly basis. The purchasing power of the USD is directly addressed, as are consumer trends. A higher than expected CPI (MoM) value illustrates growing inflation and is viewed as being a bullish indicator facing the USD. Lagging CPI (MoM) statistics indicate stagnant economic performance and are viewed as bearish toward the USD.