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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Jun 12, 2024 | 3.3% | 3.4% | 3.4% |
May 15, 2024 | 3.4% | 3.4% | 3.5% |
Apr 10, 2024 | 3.5% | 3.4% | 3.2% |
Mar 12, 2024 | 3.2% | 3.1% | 3.1% |
Feb 13, 2024 | 3.1% | 2.9% | 3.4% |
Jan 11, 2024 | 3.4% | 3.2% | 3.1% |
Dec 12, 2023 | 3.1% | 3.1% | 3.2% |
Nov 14, 2023 | 3.2% | 3.3% | 3.7% |
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- US CPI y/y News
- From kiplinger.com|Jun 12, 2024
Inflation cooled markedly last month, the May Consumer Price Index (CPI) showed Wednesday, keeping the Federal Reserve on track to cut interest rates at least once before the end of 2024, experts say. The data come too late to affect the Federal Open Market Committee's (FOMC) June meeting, experts note, while stressing that a data-dependent central bank will likely need to see more dovish developments before it enacts its first quarter-point reduction to the short-term federal funds rate. Nevertheless, the inflation data was good ...
- From kitco.com|Jun 12, 2024
Gold and silver prices are higher in early U.S. trading Tuesday, following a U.S. inflation report that came in tame. August gold was last up $15.60 at $2,341.90. July silver was last up $0.659 at $29.90. The just-released consumer price index for May came in at unchanged, month-on-month and up 3.3%, year-on-year. Monthly CPI was seen up 0.1% and up 3.4%, annually. The core CPI (excluding food and energy) for May was up 0.2%, month-on-month and up 3.4%, annually. Both core numbers were also slightly lower than expected. This report ...
- From axios.com|Jun 12, 2024
The Consumer Price Index was flat in May, while the core measure that strips out food and energy rose 0.2%, the Labor Department said on Wednesday. Why it matters: For the second straight month, inflation slowed — welcome news for American households and policymakers after a hot start to 2024. By the numbers: The latest CPI figures show overall prices did not rise at all — compared to the 0.3% increase in April, while the core measure rose by the same amount. • Over the last 12 months ending in May, the index rose 3.3%, compared to ...
- From bls.gov|Jun 12, 2024|19 comments
The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in May on a seasonally adjusted basis, after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.3 percent before seasonal adjustment. More than offsetting a decline in gasoline, the index for shelter rose in May, up 0.4 percent for the fourth consecutive month. The index for food increased 0.1 percent in May. The food away from home index rose 0.4 percent over the month, while ...
- From puprime.com|Jun 12, 2024
Gold prices have seen a slight rebound, continuing to trade within a consolidation range. This movement reflects a shift by investors towards safe-haven assets in anticipation of several crucial economic events. The market is characterized by uncertainty as traders await the upcoming US Consumer Price Index (CPI) data and the Federal Reserve meeting, which are expected to provide clearer direction for future movements. Technical Analysis: Consolidation Range and Key Levels. Gold is currently trading within a consolidation range, with ...
- From insight.factset.com|Jun 11, 2024
The median estimate (year-over-year, not seasonally adjusted) for the consumer price index (CPI) for the month of May 2024 is 3.4%. If 3.4% is the actual year-over-year increase in the CPI, it will match the number from the prior month. Last month (April 2024), the consumer price index increased by 3.4% (year-over-year, not seasonally adjusted), compared to the median estimate of 3.4%. Over the past 12 months, the increase in the CPI has surpassed the median estimate in 6 months, matched the median estimate in 2 months, and fallen ...
- From youtube.com/cmegroup|Jun 11, 2024
Gold closes above the 50-day moving average for the second day in a row. Bob Iaccino has more.
- From cnbc.com|Jun 11, 2024|2 comments
Wednesday is shaping up to be one of the most important days of the year for economic news, as investors will hear about the path of inflation and the manner in which the Federal Reserve plans to react. In a one-two punch that starts in the morning with the pivotal consumer price index reading for May and ends with the Fed’s policy meeting in the afternoon, vital signals will be sent about the direction of the economy and whether policymakers can soon take their foot off the brake. The day “packs months of macro risk into one day,” ...
Released on Jun 12, 2024 |
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