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 13 November 2024 13:30

Previous
3.3%
Forecast
3.3%
Actual
3.3%

Next event - Wednesday 11 December 2024 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 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%
Friday 10 December 2021 13:30
4.9%
4.9%

Economic context

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

PreviousLatest
Building Permits (MoM)Bearish change1.425M-0.6M
Housing Starts (MoM)Bearish change1.353M1.311M
Industrial Production (MoM)Bullish change-0.5%-0.3%
NY Empire State Manufacturing IndexBullish change-11.931.2
Retail Sales (MoM)Bearish change0.8%0.4%
Retail Sales Control GroupBearish change1.2%-0.1%
Retail Sales ex Autos (MoM)Bearish change1%0.1%
Initial Jobless ClaimsBullish change221K217K
Producer Price Index (MoM)Bullish change0.1%0.2%
Producer Price Index (YoY)Bullish change1.9%2.4%
Producer Price Index ex Food & Energy (MoM)Bullish change0.2%0.3%
Producer Price Index ex Food & Energy (YoY)Bullish change2.9%3.1%
Monthly Budget StatementBearish change$64.7B$-257B
Consumer Price Index (MoM)(no change)0.2%0.2%
Consumer Price Index (YoY)Bullish change2.4%2.6%
Consumer Price Index ex Food & Energy (MoM)(no change)0.3%0.3%
Michigan Consumer Sentiment IndexBullish change70.573
UoM 5-year Consumer Inflation ExpectationBullish change3%3.1%
Fed Interest Rate DecisionBearish change5%4.75%
Initial Jobless ClaimsBearish change218K221K
Nonfarm ProductivityBullish change2.1%2.2%
Unit Labor CostsBearish change2.4%1.9%

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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