USD: CPI m/m at 6:00 PM
Measures: Change in the price of goods and services purchased by consumers.
Released monthly, about 16 days after the month ends.
Next Release Date Sep 13, 2022
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
Forecast- [0.2%]
Previous- [1.3%]
Actual- ?
Impact- The forecast figure seems to be negative for base metals and the dollar while positive for bullions. The actual figure to release at 6:00 PM.
USD: Core CPI m/m at 6:00 PM
Measures: Change in the price of goods and services purchased by consumers, excluding food and energy.
Released monthly, about 16 days after the month ends.
Next Release Date Sep 13, 2022
Food and energy prices account for about a quarter of CPI, but they tend to be very volatile and distort the underlying trend. The FOMC usually pays more attention to the Core data – so do traders.
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
Forecast- [0.5%]
Previous- [0.7%]
Actual- ?
Impact- The forecast figure seems to be slightly negative for base metals and the dollar while positive for bullions. The actual figure to release at 6:00 PM.
Source: Forex Factory
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