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Consumer Price Index:Historical Releases/2024 April: Difference between revisions
Consumer Price Index:Historical Releases/2024 April (view source)
Revision as of 20:14, 14 May 2024
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*Food Index had the second consecutive month of increases, but still down 7.5% Y/Y. | *Food Index had the second consecutive month of increases, but still down 7.5% Y/Y. | ||
*Supply chain index decline during April, remains stable. | *Supply chain index decline during April, remains stable. | ||
*Housing prices recorded an | *Housing prices recorded an increase of 0.6% m/m during april, after a few months of declines. Rents also increased by 0.5% m/m. | ||
*Used car prices continue to decline in | *Used car prices continue to decline in april being -2.3% m/m, but new car prices recorded a 2.2% increased during april 2024. | ||
*Import prices continued to increased being up 0.6% in | *Import prices continued to increased being up 0.6% in april 2024, reverting the deflation experienced during 2023. | ||
*Both ISM manufacturing and services prices paid index continued to acccelarate its rate of increase during April. Manufacturing increased 6.1 point to 60.9 (14.5%Y/Y) and services up 5.8 points to 59.2 (-0.6 Y/Y) | *Both ISM manufacturing and services prices paid index continued to acccelarate its rate of increase during April. Manufacturing increased 6.1 point to 60.9 (14.5%Y/Y) and services up 5.8 points to 59.2 (-0.6 Y/Y) | ||
The markets is currently pricing 2 rate cuts in 2024, starting in september. | The markets is currently pricing 2 rate cuts in 2024, starting in september. | ||
[[File:Screenshot 2024-05-14 | [[File:Screenshot 2024-05-14 141033.png|alt=|center|thumb|520x520px|https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html]] | ||
''Range:'' | ''Range:'' | ||
*CPI: 3.3% - 3.6% | *CPI: 3.3% - 3.6% | ||