The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a representative basket of goods and services. It is the primary gauge of inflation in the economy and a key driver for central bank interest rate decisions. A rising CPI indicates declining purchasing power and often leads to tighter monetary policy.
Calculated by the Bureau of Labor Statistics (BLS) using price data collected from thousands of retail and service establishments. It uses a weighted average of prices for various categories like housing, food, and energy.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Mar 20, 2025 | 1.30 | — | — |
| Mar 3, 2025 | -0.31 | — | — |
| Jan 29, 2025 | -0.11 | — | — |
| Oct 31, 2024 | 0.44 | — | — |