Consumer Price Index (CPI) m/m reflects changes in prices of a basket of consumer goods and services in the given month compared to the previous one. The index shows price changes from the perspective of the consumer.
The index is calculated in comparison with the reference period prices. The reference period in CPI calculation is 1982.
Consumer Price Index characterizes inflation dynamics. Its growth may have a positive effect on dollar quotes.
The chart of the entire available history of the "United States Consumer Price Index (CPI) m/m" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.