CPI MoM US
Steady Monthly Inflation in the US
Starts Saturday, September 22, 2018 at 09:47
Updated Thursday, September 13, 2018
Inflation has been holding steady for several months in the US, growing by 0.2% monthly. There was a slowdown to just 0.1% in July but in August the CPI (consumer price index) inflation came back to its normal trend, growing by 0.2% again. Core CPI inflation has remained steady as well at 0.2%. Although we saw some decent economic numbers from US last months which might give inflation a small boost, let's see this month's numbers before we make any assumptions.
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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.