Market news

Show news:


14.01.2020 21:40

U.S. consumer prices up 0.2 percent in December

The Labor Department announced on Tuesday the U.S. consumer price index (CPI) rose 0.2 percent m-o-m in December after an unrevised 0.3 percent m-o-m gain in the previous month.

Over the last 12 months, the CPI climbed 2.3 percent y-o-y last month, following an unrevised 2.1 percent m-o-m jump in the 12 months through November. That was the highest annual inflation since October 2018.

Economists had forecast the CPI to increase 0.3 percent m-o-m and 2.3 percent y-o-y in the 12-month period.

According to the report, the indexes for gasoline (+2.8 percent m-o-m), shelter (+0.2 percent m-o-m), and medical care (+0.6 percent m-o-m) all rose in December, accounting for most of the gain in the seasonally adjusted all items index. The food index also went up in December (+0.2 percent m-o-m).

Meanwhile, the core CPI excluding volatile food and fuel costs edged up 0.1 percent m-o-m in December, following a 0.2 percent m-o-m advance in the previous month.

In the 12 months through December, the core CPI surged 2.3 percent, the same pace as in the 12 months ending November.

Economists had forecast the core CPI to rise 0.2 percent m-o-m and 2.3 percent y-o-y last month.


Keep up with latest Forex market news updates: Currencies, central banks, economic indicators for oil and gold trading – all you need to work effectively on Forex.

January 2020
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
20
21
22
23
24
25
26
27
28
29
30
31

Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Sydney 21:00 06:00 00:00 09:00 00:00 09:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Hong Kong, Singapore 00:00 09:00 03:00 12:00 03:00 12:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenCloseе
London 07:00 16:00 10:00 19:00 10:00 19:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
American New York 12:00 21:00 15:00 00:00 15:00 00:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Chicago 13:00 22:00 16:00 01:00 16:00 01:00