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CPI YoY US

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Event Date: Tuesday, February 13, 2024

Event Time: 13:30 CET

Headline Inflation to Fall by 5 Points!

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. 
Updated Tuesday, February 13, 2024
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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.
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