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MoM Change in Core Consumer Price Index (CPI) in the US

Country:
USDUnited States
Importance:
★★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About MoM Change in Core Consumer Price Index (CPI) in the US

The month-over-month Consumer Price Index (CPI) Core Index measures the percentage change in the prices of goods and services, excluding food and energy, purchased by U.S. consumers in a specific month compared to 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 a more precise evaluation of inflation trends.

Month-over-month data helps understand how the core CPI has changed over a short period. If the core CPI is increasing, it indicates rising inflationary pressures, which can reduce consumer purchasing power. Conversely, if the core 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.

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