Ragtrader’s Post

Cpi data is data that shows inflation in the USA resulting from consumer purchases. More than 80,000 products are taken and compared every month to check the price changes. By saying that, it means that Cpi measures the inflation of goods. Cpi data being High than expected we buy the currency because in the near future that action will make the federal reserve increase interest and dollars to be strong. And viceversa when cpi data are less than expected. Trade safe.

Ahead of today’s CPI data, US PPI inflation came in softer than expected – across the board. The annual headline inflation rate is now running at 2.2%, with the core measure at 2.4%. This led to a sharp fall in yields and the USD. Today is a big day. UK CPI, EUR GDP and then of course the big one- US CPI. Below is estimates from a host of banks on the CPI numbers;

I clearly don't understand the media reporting of the latest Canadian CPI numbers. The Financial Post headline was "Inflation picks up speed.." However, when one looks at the CPI data published by the Canadian government, and computes the rolling 3 month inflation, the numbers are actually very good. In fact, CPI excluding food and energy (for the last three months, annualized) is just 1.6%. All items excluding energy 2.4%. I am missing something? Or the reporting medias are outright mischievous or incompetent? Link below is a screenshot from my simple computation from the official data and a link to the Financial Post. https://lnkd.in/ep3QrVZP

BREAKING NEWS: "Inflation has been beaten", according to economist Stephen Koukoulas, who was commenting on the latest inflation data released by the Australian Bureau of Statistics, which shows CPI for the 12 months to January at 3.4%, the lowest level in more than two years. ABS head of prices statistics Michelle Marquardt provided more detail on the CPI figures, while Canstar group executive financial services Steve Mickenbecker said the latest inflation rate was good news for borrowers: https://lnkd.in/giTWd6Xc #inflation #consumerpriceindex #reservebank #cashrate #inflationdata

Yelena C. is there now a reverse correlation, between the effect of 1970s #inflation, when the baby boomers, pushed down wages, but inflated overall demand. Where the net effect is double digit inflation. Today, we have falling #population #growth, pushing up #labour costs. And reducing labour participation in the US for example to 62%. Will demand is steady, fewer labour inputs, is again pushing up, net inflation.

Headline Inflation Headline inflation is the raw inflation figure reported through the Consumer Price Index (CPI) that is released monthly by the Bureau of Labor Statistics (BLS). The CPI calculates the cost to purchase a fixed basket of goods to determine how much inflation is occurring in the broad economy. The CPI uses a base year and indexes the current year's prices, according to the base year's values

Economy: CPI Expected to Reach 11.4% in June We expect headline inflation in June’24 to reach 11.4%YoY compared to 11.8%YoY recorded during the previous month. We attribute the decline in CPI to a high base effect and a decrease in the food & transport index. On a MoM basis, CPI is likely to drop by 0.6 %MoM during June’24. #pakistaneconomy #psx #inflation

~ ONE YEAR OF STABLE INFLATION A healthy economy requires the price of goods to rise over time - but not too quickly, nor too slowly. This price increase is measured using the Consumer Price Index (CPI). The SARB is comfortable with the CPI sitting somewhere in the range of 3 to 6% year on year increase. Since June 2023, the CPI has remained within SARB’s target band of 3 - 6%. Note that in the 13 preceding months, the CPI exceeded this target band. During that period, the CPI reached a peak of 7.8 in July 2022. In has now nearly been 13 months of the CPI remaining within target. This stability in inflation is what the MPC has been waiting for to start the interest rate reduction cycle, and we are expecting this to happen as soon as September 2024. #PhoenixBonds #inflation #CPI #interestrates