Headline CPI:
- CPI +3.0% vs +2.9% expected
- Prior was +2.9% y/y
- m/m reading at +0.5% vs +0.3% expected
- Month-over-month unrounded 0.467%
Core measures:
- Core CPI 3.3% vs +3.1% expected
- Core CPI m/m +0.4% vs +0.3% expected
- Core unrounded +0.446% vs +0.225% m/m prior
- Real weekly earnings -0.3% vs -0.1% prior
- Core services ex shelter %
- Core-CPI services ex-rent/OER %
This is a surprisingly hot reading for the fourth January in a row, you’d think they would learn.
This article was written by Adam Button at www.forexlive.com.
