Inflation Rate (CPI)
Inflation Rate (CPI)
About This Event
The inflation rate or Consumer Price Index (CPI) for December will be released.
Previous: 3.1%
Forecast: 3.2%
The inflation rate (CPI) measures the average change in price of a basket of consumer goods and services. Lower than expected inflation is bullish, while higher than expected inflation is bearish.
The annual inflation rate in the US fell back to 3.1% in January 2024 following a brief increase to 3.4% in December, but came higher than forecasts of 2.9%. Energy costs dropped 4.6% (vs -2% in December), with gasoline declining 6.4% (vs -1.9%), utility (piped) gas service falling 17.8% (vs -13.8%) and fuel oil sinking 14.2% (vs -14.7%). Meanwhile, prices increased at a softer pace for food (2.6% vs 2.7%), shelter (6% vs 6.2%), new vehicles (0.7% vs 1%), apparel (0.1% vs 1%), medical care commodities (3% vs 4.7%) and transportation services (9.5% vs 9.7%) and continued to decline for used cars and trucks (-3.5% vs -1.3%). Compared to the previous month, the CPI edged up 0.3%, the most in four months, and above forecasts of 0.2%. Also, annual core inflation held steady at 3.9%, compared to expectations it would slow to 3.7%. The monthly rate edged up to 0.4%. source: U.S. Bureau of Labor Statistics
Why This Event Matters
Economic releases such as Inflation Rate (CPI) are widely followed because they can shape expectations for growth, inflation, and monetary policy. Traders and investors often use these data points when assessing interest-rate outlooks, Treasury yields, and sector rotation themes. The scheduled timing is January 11, 2024 (America/New_York), subject to source updates.
Source summary: The inflation rate or Consumer Price Index (CPI) for December will be released.
Previous: 3.1% Forecast: 3.2%
The inflation rate (CPI) measures the average change in price of a basket of consumer goods and services. Lower than expected inflation is bullish, while higher than expected inflation is bearish.
The annual inflation rate in the US fell back to 3.1% in January 2024 following a brief...
This listing is associated with SPY. Market participants may watch these names around the event window for volatility or news flow.
Frequently Asked Questions
- What is Inflation Rate (CPI)?
- It is a stock market catalyst entry on Catacal—an event or release investors and traders may monitor. Details are summarized from the cited source and may be updated over time.
- When is Inflation Rate (CPI)?
- The calendar shows Jan 11, 2024 (America/New_York). Verify the exact time and any changes using the source link when planning around the event.
- Why does Inflation Rate (CPI) matter for investors?
- Macro releases can influence rate expectations, yields, and sector leadership. Market participants often reassess positioning after the data.
- Which stocks or sectors could be affected?
- Symbols linked to this listing include SPY; other names in the same industry group may also move with related news.
- How is this event categorized?
- Catacal groups this entry under "Economic Data" for navigation. Categories help you find comparable catalysts and build a week-by-week watchlist.
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