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CPI MoM US

Inflation Expected to Increase in US

Starts Tuesday, November 20, 2018 at 11:26
Updated Wednesday, November 14, 2018
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Inflation has been holding steady for several months in the US, growing 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. In September it slowed down to just 0.1% again, but in October. inflation is expected to increase by 0.3% a month.  Core CPI inflation has remained steady as well at 0.2%. Although we saw some decent economic numbers from the US last month which might give inflation a small boost, let's see this month's numbers before we make any assumptions. 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.
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