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