BREAKING: US CPI in line with expectations!

12:30 14 March 2023

12:30 pm GMT - US, CPI inflation for February.

  • Headline. Actual: 6.0% YoY. Expected: 6.0% YoY. Previous: 6.4% YoY

  • Core. Actual: 5.5% YoY. Expected: 5.5% YoY. Previous: 5.6% YoY

Monthly inflation: 0.4% MoM (expected: 0.4% MoM; previous: 0.5% MoM)

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Monthly core inflation: 0.5% MoM (expected: 0.4% MoM; previous: 0.4% MoM)

In general, shelter prices surprise sharply upward, a decline seen mainly in Transport, Food and Beverages and Health Care. Source: XTB

US futures in a mixed mood shortly after CPI publication, EURUSD holds above 1.07 support level.

Small year-on-year declines on the side of fuels or energy carriers in housing. Without major declines on this side, we may see a "plateau" in the 5-6% range. Source: Macrobond, XTB

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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