Consumer Price Index ex Food & Energy (YoY)

The US Federal Reserve has a dual mandate of maintaining price stability and maximum employment. According to such mandate, inflation should be at around 2% YoY and has become the weakest pillar of the central bank’s directive ever since the world suffered a pandemic, which extends to these days. Price pressures keep rising amid supply-chain issues and bottlenecks, with the Consumer Price Index (CPI) hanging at multi-decade highs. The Fed has already taken measures to tame inflation and is expected to maintain an aggressive stance in the foreseeable future.

Most recent - Wednesday 11 December 2024 13:30

Previous
3.3%
Forecast
3.3%
Actual
3.3%

Next event - Tuesday 14 January 2025 13:30

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is high.

There is no forecast value for Consumer Price Index ex Food & Energy (YoY) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Consumer Price Index ex Food & Energy (YoY) was 3.3% against a forecast of 3.3%.

Past events

Date
Forecast
Actual
Wednesday 11 December 2024 13:30
3.3%
3.3%
Wednesday 13 November 2024 13:30
3.3%
3.3%
Thursday 10 October 2024 12:30
3.2%
3.3%
Wednesday 11 September 2024 12:30
3.2%
3.2%
Wednesday 14 August 2024 12:30
3.2%
3.2%
Thursday 11 July 2024 12:30
3.4%
3.3%
Wednesday 12 June 2024 12:30
3.5%
3.4%
Wednesday 15 May 2024 12:30
3.6%
3.6%
Wednesday 10 April 2024 12:30
3.7%
3.8%
Tuesday 12 March 2024 12:30
3.7%
3.8%
Tuesday 13 February 2024 13:30
3.7%
3.9%
Thursday 11 January 2024 13:30
3.8%
3.9%
Tuesday 12 December 2023 13:30
4%
4%
Tuesday 14 November 2023 13:30
4.1%
4%
Thursday 12 October 2023 12:30
4.1%
4.1%
Wednesday 13 September 2023 12:30
4.3%
4.3%
Thursday 10 August 2023 12:30
4.8%
4.7%
Wednesday 12 July 2023 12:30
5%
4.8%
Tuesday 13 June 2023 12:30
5.3%
5.3%
Wednesday 10 May 2023 12:30
5.5%
5.5%
Wednesday 12 April 2023 12:30
5.6%
5.6%
Tuesday 14 March 2023 12:30
5.5%
5.5%
Tuesday 14 February 2023 13:30
5.5%
5.6%
Thursday 12 January 2023 13:30
5.7%
5.7%
Tuesday 13 December 2022 13:30
6.1%
6%
Thursday 10 November 2022 13:30
6.5%
6.3%
Thursday 13 October 2022 12:30
6.5%
6.6%
Tuesday 13 September 2022 12:30
6.1%
6.3%
Wednesday 10 August 2022 12:30
6.1%
5.9%
Wednesday 13 July 2022 12:30
5.7%
5.9%
Friday 10 June 2022 12:30
5.9%
6%
Wednesday 11 May 2022 12:30
6%
6.2%
Tuesday 12 April 2022 12:30
6.6%
6.5%
Thursday 10 March 2022 13:30
6.4%
6.4%
Thursday 10 February 2022 13:30
5.9%
6%
Wednesday 12 January 2022 13:30
5.4%
5.5%

Economic context

Recent economic data has been moderately bullish for USD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index ex Food & Energy (YoY) result:

PreviousLatest
Pending Home Sales (MoM)Bullish change1.8%2.2%
Chicago Purchasing Managers' IndexBearish change40.236.9
Initial Jobless ClaimsBullish change220K219K
Durable Goods OrdersBearish change0.8%-1.1%
Durable Goods Orders ex DefenseBearish change1%-0.3%
Durable Goods Orders ex TransportationBearish change0.2%-0.1%
New Home Sales Change (MoM)Bullish change-14.8%5.9%
Nondefense Capital Goods Orders ex AircraftBullish change-0.1%0.7%
Michigan Consumer Sentiment Index(no change)7474
UoM 5-year Consumer Inflation ExpectationBearish change3.1%3%
Core Personal Consumption Expenditures - Price Index (MoM)Bearish change0.3%0.1%
Core Personal Consumption Expenditures - Price Index (YoY)(no change)2.8%2.8%
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.2%0.1%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.3%2.4%
Personal Income (MoM)Bearish change0.7%0.3%
Personal SpendingBullish change0.3%0.4%
Existing Home Sales Change (MoM)Bullish change3.4%4.8%
Initial Jobless ClaimsBullish change242K220K
Philadelphia Fed Manufacturing SurveyBearish change-5.5-16.4
Core Personal Consumption Expenditures (QoQ)Bullish change2.1%2.2%
Gross Domestic Product AnnualizedBullish change2.8%3.1%
Gross Domestic Product Price Index(no change)1.9%1.9%
Personal Consumption Expenditures Prices (QoQ)(no change)1.5%1.5%
Fed Interest Rate DecisionBearish change4.75%4.5%
Interest Rate Projections - 1st yearBullish change3.4%3.9%
Interest Rate Projections - 2nd yearBullish change2.9%3.4%
Interest Rate Projections - 3rd yearBullish change2.9%3.1%
Interest Rate Projections - Current(no change)4.4%4.4%
Interest Rate Projections - LongerBullish change2.9%3%
Building Permits (MoM)Bullish change1.419M1.505M
Housing Starts (MoM)Bearish change1.312M1.289M
Industrial Production (MoM)Bullish change-0.4%-0.1%
Retail Sales (MoM)Bullish change0.5%0.7%
Retail Sales Control GroupBullish change-0.1%0.4%
Retail Sales ex Autos (MoM)(no change)0.2%0.2%

About Consumer Price Index ex Food & Energy (YoY)

Country:United States
Currency:USD
Source:US Bureau of Labor Statistics
Category:Inflation
Frequency:Monthly

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