⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks - Open a Free demo with Plus500

      

CPI YoY US

Event Date: Tuesday, February 13, 2024
Event Time: 13:30 CET

Headline Inflation to Fall by 5 Points!

Updated Tuesday, February 13, 2024
EVENT ENDED
Inflation has been slowing since last summer in the US, after surging to 9.1% in June. By November 2021, headline CPI  slowed to 7.1% while in December it increased further to 7.2%. In January, CPI reached 9.1% and in June. It has cooled off since then and it is expected to fall further to 6.5% in January it fell to 6.4%, although the pace of slowing down has declined. In April, the headline CPI cooled further to 4.9% while June came at 3.0%. Although core CPI remains high at 4%. In September, headline CPI ticked up to 3.7% but it fell to 3.2% in October and further to 3.1% in November, but it jumped to 3.4% again in December, however, it is expected to fall to 2.9% in January. Please follow us for live coverage of this event by experienced market analysts. 

<% indicator.indicator_name %>
<% indicator.indicator_value %>
<% ssp.ssp_posted_at |date:"HH:mm" %>
RELATED PAIRS
About CPI YoY 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.
Comments
4 1 vote
Article Rating
Subscribe
Notify of
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Alex
Alex
3 years ago

Any forecast for CPI MOM for February- March 2021?

OLD EVENTS
<% item.item_scheduled_at | date:'EEEE, d MMMM, yyyy' %>
EVENT ENDED

<% item.item_title %>

Posted by <% item.author.display_name %>

<% indicator.indicator_name %>
<% indicator.indicator_value %>
Related Pairs
<% ssp.ssp_posted_at | date:"HH:mm" %>