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The Bureau of Labor Statistics released its December Consumer Price Index (CPI) at 8:30 a.m. ET on Thursday. Here are the main figures from the report, compared to Wall Street estimates.
A consumer price index (CPI) is a price index, the price of a weighted average market basket of consumer goods and services purchased by households. Changes in measured CPI track changes in prices over time. [1] The CPI is calculated by using a representative basket of goods and services. The basket is updated periodically to reflect changes in ...
UBS suggested that the upcoming consumer price index report will be the next big thing for markets. "CPI for September will be a key data release. If prices rise faster than expected on top of the ...
Inflation had barely registered on America's radar in recent years. But prices spiked in the pandemic, and the annual inflation rate reached a 40-year high of 9.1% in mid-2022. The Fed stepped in ...
The United States Consumer Price Index (CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used indices are the CPI-U and the CPI-W, though many alternative versions exist for different uses. For example, the CPI-U is the most popularly cited measure of ...
One of the big surprises in the October CPI report last month was a 2.5% pop in used car prices, which contributed 10bp [basis points] to the 0.6% mom pop in broader core CPI," Michelle Meyer ...
Overall consumer prices increased 2.4% from a year ago, down from 2.5% in August, according to the Labor Department’s consumer price index, a wide-ranging gauge of goods and services costs.
The data was in line with estimates, as economists expected inflation to fall 0.1% in December, to increase at an annual pace of 6.5%, according to Dow Jones. They estimated that core CPI ...