MoM Change in Consumer Price Index (CPI) in the US
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The Consumer Price Index (CPI) month-over-month compares the prices of goods and services purchased by U.S. consumers in a specific month to those in the previous month. This data is released monthly by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor and is crucial for evaluating inflation trends.
Month-over-month data helps understand how consumer prices have changed over a short period. If the CPI is increasing, it indicates rising inflationary pressures, which can erode consumer purchasing power. Conversely, if the CPI is decreasing, it suggests a risk of deflation, which can enhance consumer purchasing power.
This data serves as an important reference for policymakers to assess inflation trends and formulate appropriate monetary policies. It is also a vital information source for businesses and investors to understand price trends and make economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
