US CPI comes out strong, Retail numbers decline

The most recent US Consumer price Index, CPI for short, printed 0.5% compared to the expected 0.3% and is o.4% higher than last months 0.1%1

Besides the CPI number, the Census bureau released a worse than expected Core retail Sales m/m number. This lower number, 0.0% is lower than the already lower revised number of December (0.1%). A decline indicates consumer demand is cooling.


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