The Month-over-Month (MoM) Inflation Rate measures the percentage change in the price level of a basket of consumer goods and services from one month to the next. It provides a high-frequency view of price stability and is a key metric used by central banks to adjust monetary policy. This indicator is essential for understanding short-term shifts in consumer purchasing power and cost-of-living adjustments.
The rate is calculated by comparing the Consumer Price Index (CPI) of the current month to the CPI of the previous month. The formula used is: [(Current Month CPI - Previous Month CPI) / Previous Month CPI] * 100.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Feb 5, 2025 | 0.87 | 0.40 | +0.47 |
| Jan 9, 2025 | 0.25 | 0.80 | -0.55 |
| Dec 17, 2024 | 1.11 | 0.10 | +1.01 |
| Oct 21, 2024 | 0.33 | 0.20 | +0.13 |
| Oct 4, 2024 | 0.34 | -0.10 | +0.44 |
| Aug 15, 2024 | -0.38 | — | — |
| Jul 30, 2024 | -0.07 | -0.30 | +0.23 |
| May 20, 2024 | 0.42 | -1.50 | +1.92 |
| Apr 15, 2024 | -1.40 | -0.10 | -1.30 |
| Mar 17, 2024 | -0.34 | -0.60 | +0.26 |
| Feb 18, 2024 | -1.30 | 0.90 | -2.20 |
| Jan 17, 2024 | 1.59 | 0.20 | +1.39 |
| Dec 14, 2023 | 0.16 | 1.30 | -1.14 |
| Nov 15, 2023 | 1.08 | 0.40 | +0.68 |
| Oct 16, 2023 | 0.65 | 0.20 | +0.45 |
