US: December monthly CPI revised to +0.1% from -0.1%

Eren Sengezer FXStreet

The US Bureau of Labor Statistics announced on Friday that it revised the monthly Consumer Price Index (CPI) for December to +0.1% from -0.1%, based on updated seasonal adjustment factors.

For the same period, the Core CPI, which excludes volatile food and energy prices, got revised higher to +0.4% from +0.3%, as reported by Reuters.

Market reaction

The US Dollar preserves its strength following this announcement. As of writing, the US Dollar Index was trading at 103.40, where it was up 0.2% on a daily basis.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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