YoY Change in Core 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 year-over-year 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 same month in the previous year. 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.
Year-over-year data helps understand how the core CPI has changed over a long 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 | ||
