According to the monthly report published by the U.S. Bureau of Labor Statistics, inflation, as measured by the Consumer Price Index (CPI) stayed unchanged for the second month in a row December and the annual rate fell to 1.56 from 1.9%. Meanwhile, the core CPI, which excludes volatile food and energy prices, rose 0.2% and 2.2% on a monthly and yearly basis, respectively.
Key takeaways from the press release
- The energy index declined for the third consecutive month, offsetting increases in the indexes for all items less food and energy and for food.
- The food index rose 1.6 percent over the past year, while the energy index declined 4.8 percent.
- The gasoline index continued to decline, falling 5.5 percent.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.