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Consumer Price Index:Historical Releases/2024 January: Difference between revisions
Consumer Price Index:Historical Releases/2024 January (view source)
Revision as of 19:17, 13 February 2024
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Publishing date: February 13, 2024. | Publishing date: February 13, 2024. | ||
== Results: == | |||
{| class="wikitable" | |||
!Variable | |||
!Actual | |||
!Forecast | |||
!Previous | |||
|- | |||
|Core CPI (MoM) | |||
|0.4% | |||
|0.3% | |||
|0.3% | |||
|- | |||
|Core CPI (YoY) | |||
|3.9% | |||
|3.7% | |||
|3.9% | |||
|- | |||
|CPI (MoM) | |||
|0.3% | |||
|0.2% | |||
|0.3% | |||
|- | |||
|CPI (YoY) | |||
|3.1% | |||
|2.9% | |||
|3.4% | |||
|} | |||
* CPI rose 0.3% in January, up from 0.1% in December (revised down from 0.3%) and above 0.2% estimate. | |||
* Yearly, CPI rose 3.1% on the month, down from 3.4% in December but higher than 2.9% estimate. | |||
* Core CPI accelerated 0.4% in January and was up 3.9% y/y, both exceeding estimates for a 0.3% and 3.7% increase. | |||
* More than two-thirds of the increase came from shelter, which rose 0.6% on the month (December: +0.4%). | |||
* Stock futures fell after the release. S&P 500 futures dropped by 1.3%, Nasdaq Composite shed 1.7% while Dow Jones Industrial Average was down 0.9%. | |||
* Supercore inflation accelerated 1 to 4.3% y/y from 3.9% in December. | |||
=== Contributions: === | |||
[[File:Screenshot 2024-02-13 131036.png|center|thumb|738x738px|https://twitter.com/WarrenPies/status/1757405995888771082/photo/1]] | |||
==== 6M Annualized Rates ==== | |||
[[File:A66af064842bfea75c54bb0e3371f5db634b93b3.png|center|thumb|723x723px|<ref>https://public.tableau.com/views/Inflation_17077682560160/Sheet2?:language=en-US&:display_count=n&:origin=viz_share_link</ref>]] | |||
=== By FED Categories === | |||
{| class="wikitable" | |||
!Index | |||
!M/M | |||
!Y/Y | |||
!Prev. M/M | |||
!Prev. Y/Y | |||
|- | |||
|Core Goods | |||
| -0.3% | |||
| -0.3% | |||
|0.0% | |||
|0.2% | |||
|- | |||
|Core Services | |||
|0.7% | |||
|5.4% | |||
|0.4% | |||
|5.3% | |||
|- | |||
|Shelter | |||
|0.6% | |||
|6.0% | |||
|0.5% | |||
|6.2% | |||
|- | |||
|Services less shelter "super-core" | |||
|0.85% | |||
|4.3% | |||
|0.4% | |||
|3.9% | |||
|} | |||
== CPI expectations == | == CPI expectations == | ||