QUOTE(ozak @ Feb 14 2023, 09:40 PM)
BREAKING: US January CPI +6.4% y/y vs +6.2% expected
Good or bad?
Price changes over last year:
Fuel oil: +27.7%
Gas utilities: +26.7%
Transportation: +14.6%
Electricity: +11.9%
Food at home: +11.3%
Food away from home: +8.2%
Shelter: +7.9%
Overall CPI: +6.4%
New cars: +5.8%
Gasoline: +1.5%
Used cars: -11.6%
Bad in terms of Core CPI π€¦ββοΈGood or bad?
Price changes over last year:
Fuel oil: +27.7%
Gas utilities: +26.7%
Transportation: +14.6%
Electricity: +11.9%
Food at home: +11.3%
Food away from home: +8.2%
Shelter: +7.9%
Overall CPI: +6.4%
New cars: +5.8%
Gasoline: +1.5%
Used cars: -11.6%
I already expected this will happen for January after the Dec numbers was announced π
QUOTE(ChAOoz @ Feb 14 2023, 09:43 PM)
Seemed like inflation is persistent. So probably more or longer tightening is required. Not good but also not super bad.
That is why donβt be so confident going down so soon as today numbers has suggested So now another 3 rounds of raising rate is expected instead of 2 π€¦ββοΈ
Feb 14 2023, 11:43 PM

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