CPI-Consumer Price Index US

share it:
Share on facebook
Share on twitter
Share on pinterest
Share on email

Tuesday , July 13, 2021, 14:30
CPI-Consumer Price Index US

CPI represents change in the price of goods and services purchased by consumers. The Consumer Price Index released by the US Bureau of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services.

Consumer prices account for a majority of overall inflation. The purchase power of USD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Consumer prices in June are expected to provide the first proof that the recent sharp annual price gains are a temporary phenomenon.

Previous: 0.6%

Forecast: 0.5%

Expected: CPI expected at 0.5% in June, from 0.6%, annual at 4.9% from 5%.

ABOUT THE AUTHOR
WISE TRADE

JOIN OUR PREMIUM TELEGRAM GROUP!

YOU CAN FINALLY BE A SUCCESSFUL TRADER

Try our 14 day free trial and see by yourself how it is easy to become elite trader when you are guided by experienced professionals