• US December monthly CPI revised to 0.2% from 0.3%

Market news

9 February 2024

US December monthly CPI revised to 0.2% from 0.3%

The US Bureau of Labor Statistics (BLS) reported on Friday that it revised the monthly Consumer Price Index (CPI) increase for December lower to 0.2% from 0.3%. The Core CPI was unrevised at 0.3% for the same period.

November's CPI increase was revised higher to 0.2% from 0.1%, while the October's 0.1% increase was left unchanged. 

The BLS noted that CPI revisions reflect the new seasonal adjustment factors.

Market reaction

The US Dollar Index edged slightly lower with the immediate reaction and was last seen losing 0.1% on the day at 104.07.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.