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Cpi
Posted on 1/11/24 at 7:31 am
Posted on 1/11/24 at 7:31 am
How’s it looking?
2
Posted on 1/11/24 at 7:34 am to SlidellCajun
Hotter than expected. Owner’s rent equivalent up, so CPI hasn’t picked up decline in housing. Several areas that had been on the decline reversed with these numbers. Annual core was down, though.
This post was edited on 1/11/24 at 8:02 am
Posted on 1/11/24 at 7:36 am to SlidellCajun
quote:
Inflation in the US, as measured by the change in the Consumer Price Index (CPI), rose to 3.4% on a yearly basis in December, the US Bureau of Labor Statistics (BLS) reported on Thursday. This reading followed the 3.1% increase recorded in November and came in stronger than the market expectation of 3.2%. On a monthly basis, the CPI rose 0.3%, compared to analysts' forecast of 0.2%.
quote:
Core CPI, which excludes volatile food and energy prices, rose 0.3% on a monthly basis as anticipated. The annual Core CPI increased 3.9% in this period, down from 4% in November.
quote:
The US Dollar gathered strength against its rivals with the immediate reaction to inflation figures. At the time of press, the US Dollar Index was up 0.05% on the day at 102.40.
LINK
This post was edited on 1/11/24 at 7:42 am
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