US core CPI year-on-year (%)
- CPI y/y +3.1% versus 2.9% expected
- Prior y/y 3.4%
- CPI m/m +0.3% versus +0.2% expected
- Prior m/m 0.2% (revised decrease from +0.3% in benchmark revisions)
Core measures:
- Core CPI m/m +0.4% (unrounded +0.39%) versus +0.3% expected. Last month 0.3%
- Core CPI y/y 3.9% versus 3.7% expected. Last month was 3.9%
- Shelter +0.6% versus +0.4% final month
- Shelter y/y +6.0% vs +6.2% prior
- Services much less lease of shelter +0.6% m/m vs +0.4% prior (and +0.5% m/m in Nov)
- Real weekly earnings -0.3% vs -0.2% prior
- Food +0.4% m/m vs +0.2% m/m prior
- Food +2.6% vs +2.7% y/y prior
- Energy -0.9% m/m vs +0.4% m/m prior
- Energy -4.6% vs -2.8% y/y prior
- Rents +0.4% m/m vs +0.4% prior
- Owner’s equal lease +0.6% vs +0.5% prior
- Full report
The index for shelter continued to rise in January, rising 0.6 % and contributing over two
thirds of the month-to-month all objects enhance.
The six-month core studying is as much as 3.7% annualized vs 3.2% prior whereas the three-month annualized fee rose to 4% from 3.3%.
There are massive greenback bids on this with rate-cut pricing for year-end all the way down to 92 bps from 111 bps.
