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US: Inflation Continues to Moderate in January, Though Details Less Constructive
The Consumer Price Index increased 0.5% month-on-month (m/m) in January, meeting expectations. The 12-month change edged lower to 6.4% (down from 6.5% in December). Energy prices increased by 2.0% m/m, as rising gasoline prices (+2.4% m/m) and energy services (+2.1% m/m) each notched similar gains on the month. Food prices rose 0.5% m/m and were […] The post US: Inflation Continues to Moderate in January, Though Details Less Constructive appeared first on Action Forex...
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Posted: Feb 14 2023, 14:22
Author Name: actionforex
Views: 110892