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US August CPI +0.6% m/m versus +0.6% m/m expected

Prior m/m +0.2%CPI m/m +0.6% versus +0.6% expected CPI y/y 3.7% versus 3.6% expectedPrior y/y 3.2%Core measures:Core CPI m/m +0.3% versus +0.2% expected. Last month 0.2%Unrounded core at +0.278%Core CPI y/y 4.3% versus 4.3% expected. Last month was 4.7%Shelter +0.3% versus +0.4% last month. Year on year 7.3% versus 7.7% last monthServices less rent and shelter +0.5% m/m vs +0.2% priorReal weekly earnings -0.1% vs 0.0% priorThe market was pricing in a 9% chance of a hike next week ahead of the d... Read More

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August

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Forex

Posted: Sep 13 2023, 12:30

Author Name: forexlive

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