US CPI y/y
Consumer prices account for a majority of overall inflation. Inflation is important because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;
This is among the few non-seasonally adjusted numbers reported on the calendar;
- US CPI y/y Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jan 15, 2025 | 2.9% | 2.9% | 2.7% |
Dec 11, 2024 | 2.7% | 2.7% | 2.6% |
Nov 13, 2024 | 2.6% | 2.6% | 2.4% |
Oct 10, 2024 | 2.4% | 2.3% | 2.5% |
Sep 11, 2024 | 2.5% | 2.5% | 2.9% |
Aug 14, 2024 | 2.9% | 3.0% | 3.0% |
Jul 11, 2024 | 3.0% | 3.1% | 3.3% |
Jun 12, 2024 | 3.3% | 3.4% | 3.4% |
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- US CPI y/y News
- From think.ing.com|Jan 15, 2025
US consumer price inflation has come in at 0.4% month-on-month/ 2.9% year-on-year for headline and at 0.2%/3.2% for the core (ex food and energy). The headline was in line with expectations, but the core rate was a touch better than the 0.3% MoM rate anticipated – the core rate, it turns out, was 0.225% to 3 decimal places. The details show food prices rising 0.3% MoM, which we had thought would be higher given egg and vegetable price moves in PPI in recent month, with energy prices rising 2.6% MoM. In terms of the core rate, vehicle ...
- From bls.gov|Jan 15, 2025|20 comments
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a seasonally adjusted basis in December, after rising 0.3 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.9 percent before seasonal adjustment. The index for energy rose 2.6 percent in December, accounting for over forty percent of the monthly all items increase. The gasoline index increased 4.4 percent over the month. The index for food also increased in December, rising ...
- From fxstreet.com|Jan 15, 2025|2 comments
The US Consumer Price Index (CPI) report for December, a critical gauge of inflation, is set to be released on Wednesday at 13:30 GMT, courtesy of the Bureau of Labor Statistics (BLS). The release of the CPI figures could boost the US Dollar's (USD) upward momentum, though it’s unlikely to prompt any immediate changes in the Federal Reserve’s (Fed) monetary policy plans, at least in the very near term. What to expect in the next CPI data report? Inflation in the US, as measured by the Consumer Price Index (CPI), is expected to rise ...
- From think.ing.com|Jan 14, 2025
The US consumer price inflation report due Wednesday is not the type of report that the Fed thought they would see at end-2024. Squint your eyes and you see a 3% inflation rate for December, and month-on-month rates, that when annualised, are in fact point closer to 4%. This, in part, is why the funds rate cut expectations have collapsed, and Treasury yields are knocking on the door of 5%. Not much relief expected from US CPI Treasuries were happy that we did not get the 0.3% month-on-month that consensus had for the ex-food and ...
- From spectramarkets.com|Dec 13, 2024|1 comment
Happy Friday the 13th. The USD keeps on ripping. Stocks keep on ripping. Crypto keeps on ripping. Everybody is getting rich! We continue to ride the soft landing wave as the Bigfoot recession (often spotted, never real!) will have to wait another year. You can now add “sticky inflation” to the list of things that might cut us down to size in Q1 2025. CPI came out this week, and the inflation story in the US is not great as the “sticky inflation” scenario gains more credence with every report. Headline, Core, Wages, Supercore, and ...
- From scotiabank.com|Dec 11, 2024
US core CPI inflation landed on the screws, was likely weaker than reported if not for ongoing distortions to seasonal adjustment factors, but all summed up reinforces expectations for a quarter point cut from the Fed one week from today. Headline and core CPI inflation was 0.31% m/m in November, matching Scotia’s estimate and the median consensus estimate while higher than the minority of forecasters expected. It has landed at this rate for four months in a row (chart 1). chart Before turning to details we need to consider the ...
- From bnnbloomberg.ca|Dec 11, 2024|7 comments
Fresh inflation figures are likely to make the Federal Reserve more cautious about the pace of interest-rate cuts — but not quite yet. Investors still widely expect the US central bank to cut borrowing costs by a quarter percentage point next week after a new report showed inflation rose in November in line with expectations. But persistent price pressures have also underscored concerns that progress toward the US central bank’s 2% target may be stalling. Those concerns could prompt officials to rein in the number of rate cuts they ...
- From think.ing.com|Dec 11, 2024
US core CPI in November has come in at 0.3% month-on-month, as expected, and headline has done likewise. The year-on-year headline rate ticks up to 2.7% from 2.6% while the annual core rate has remained at 3.3%. The details show housing looking a little more benign with owners' equivalent rent and primary rents coming in at a pleasing 0.2% MoM, apparel posting a similar increase and education and communication prices falling 0.4% MoM. The upside pressure largely came from vehicle prices with new vehicles rising 0.6% MoM and used ...
Released on Jan 15, 2025 |
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Released on Dec 11, 2024 |
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