1:30 PM · 14 March 2023

BREAKING: US CPI in line with expectations!

EUR/USD
Forex
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12:30 pm GMT - US, CPI inflation for February.

  • Headline. Actual: 6.0% YoY. Expected: 6.0% YoY. Previous: 6.4% YoY

  • Core. Actual: 5.5% YoY. Expected: 5.5% YoY. Previous: 5.6% YoY

Monthly inflation: 0.4% MoM (expected: 0.4% MoM; previous: 0.5% MoM)

Monthly core inflation: 0.5% MoM (expected: 0.4% MoM; previous: 0.4% MoM)

In general, shelter prices surprise sharply upward, a decline seen mainly in Transport, Food and Beverages and Health Care. Source: XTB

US futures in a mixed mood shortly after CPI publication, EURUSD holds above 1.07 support level.

Small year-on-year declines on the side of fuels or energy carriers in housing. Without major declines on this side, we may see a "plateau" in the 5-6% range. Source: Macrobond, XTB

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