CPI MoM US
CPI Keeps Fluctuating but Core CPI Stays Steady
Starts Tuesday, March 12, 2019 at 12:30
Updated Tuesday, March 12, 2019
Inflation has been holding steady for several months in the US, but it has started to fluctuate 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 0.0% as the report released in December showed. The report released last month which was for December came at -0.1% as expected. Although, core inflation remained unchanged at 0.2% as expected, meaning that Oil prices had an impact on the headline CPI figure. Oil prices have reversed since late December which should help inflation pick up, but the report for January came flat at 0.0%. Core CPI remained steady again at 0.2%. It remains to be seen in February's report if the reverse in Oil prices has had any impact on inflation. Please follow us for live coverage of this event by experienced 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.