This article discusses the CPI, one of the most important measures of inflation. Find out how the CPI is calculated, what it is, and what the latest CPI results are.
On Friday, the data showing high inflation and low consumer sentiment in the U.S. was released to the public. In response, American Indices showed sharp drops, a trend that has been continued so far this morning on the trading floors of East Asia.
This coming Wednesday, the U.S. Bureau of Labor Statistics is scheduled to release Consumer Price Index data for April. While major economists have posited that inflation has come down somewhat from its peak, it’s unclear how markets will react to this week’s inflation report.
Later today, the U.S. Consumer Price Index’s data release is expected to reveal how prices changed over the course of March 2022. Many analysts are estimating that American inflation could reach over 8%, a 40-year high.
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