Keep this in handy, Consumer Price Index (CPI) is not “inflation”, it’s a measure of inflation. The higher the inflation, the lower the purchasing power of the currency, which means it cost more to buy a product or service. You can see the report here. Remember, this is not seasonally adjusted. For the month of …
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Consumer Price Index (CPI) came slightly below expectations
As you can see here. Expectations for CPI range from 0.3% – 0.4% MoM. CPI came at 3.4% (0.34%) MoM, slightly below the 0.4% expectations. Not seasonally adjusted: Food, overall, came at 2.2%. The only food price to go down was dairy and related products -1.3%. Eating out/takeout increased by 4.1%. Energy went up by …
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Producer Price Index came hotter than expected
You can find the chart here. Goods, energy, service and trade went up. Goods up by 0.4% compared to last month (March) which went down by -0.2%. Energy went up by 2.0% compared to last month (March) which was -1.3%. Service went up by 0.6% compared to last month (March) which was -0.1%. Trade went …
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