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Consumer Price Index:Historical Releases/2024 February: Difference between revisions
Consumer Price Index:Historical Releases/2024 February (view source)
Revision as of 14:59, 20 March 2024
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Publishing date: March 12, 2024. | Publishing date: March 12, 2024. | ||
== Results == | |||
{| class="wikitable" | |||
!Variable | |||
!Actual | |||
!Forecast | |||
!Previous | |||
|- | |||
|Core CPI (MoM) | |||
|0.4% | |||
|0.3% | |||
|0.4% | |||
|- | |||
|Core CPI (YoY) | |||
|3.8% | |||
|3.7% | |||
|3.9% | |||
|- | |||
|CPI (MoM) | |||
|0.4% | |||
|0.4% | |||
|0.3% | |||
|- | |||
|CPI (YoY) | |||
|3.2% | |||
|3.1% | |||
|3.1% | |||
|} | |||
* CPI rose 0.4% in February, in-line with the estimate but up from 0.3% in January. | |||
* Yearly, CPI rose 3.2%, up from 3.1% in January and higher than 3.1% estimate. | |||
* Core CPI held steady at 0.4% in February and was up 3.8% y/y, both exceeding estimates for a 0.3% and 3.7% increase. | |||
* Most of the monthly increase in the headline number came from shelter and energy, which rose 0.4% and 2.3%, respectively. | |||
* Supercore inflation was up 4.28% on a yearly basis and 0.47% on a monthly basis (estimate: +0.51%) | |||
* Stock futures rose after the release. S&P 500 futures gained 0.4%, Nasdaq Composite added 0.8% while Dow Jones Industrial Average was up 0.3%. | |||
[[File:3efda8e926b31d473eec0a6ebdb36cc7ee2d4d52 2 690x293.png|center|thumb|690x690px]] | |||
[[File:6a49617bf06c490491c4e19cba2d360481757249 2 466x500.jpeg|center|thumb|500x500px]] | |||
=== By FED Categories === | |||
{| class="wikitable" | |||
!Index | |||
!M/M | |||
!Y/Y | |||
!Prev. M/M | |||
!Prev. Y/Y | |||
|- | |||
|Core Goods | |||
|0.1% | |||
| -0.3% | |||
| -0.3% | |||
| -0.3% | |||
|- | |||
|Core Services | |||
|0.5% | |||
|5.2% | |||
|0.7% | |||
|5.4% | |||
|- | |||
|Shelter | |||
|0.4% | |||
|5.7% | |||
|0.6% | |||
|6.0% | |||
|- | |||
|Services less shelter "super-core" | |||
|0.47% | |||
|4.28% | |||
|0.85% | |||
|4.3% | |||
|} | |||
== CPI expectations == | == CPI expectations == | ||