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re: Cpi
Posted on 1/11/24 at 7:36 am to SlidellCajun
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
1
Posted on 1/11/24 at 7:56 am to saint tiger225
In before someone bitches about stripping out food and energy without realizing food and energy inflation is running lower than “core” inflation.
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