The market nervously awaits the CPI. Why is it so important?
CPI for July: to be announced, expected to rise 8.7% VS 9.1% in June, year-over-year.
PPI for July: to be announced, expected to rise 10.4%VS 11.3% in June, year-over-year.
These U.S. indicators for July are especially important after the July nonfarm payrolls report reinforced expectations for a rate hike. This week's CPI update could offer clues as to whether inflation has peaked.
But what is CPI & PPI？
The Consumer Price Index (CPI), a common measure of inflation and deflation, reflects price changes over time for a basket of goods and services purchased by typical households.
The Producer Price Index (PPI) measures the change in prices paid to producers for their output, including raw materials and labor services.
Similarly, PMI is worth your attention as they are common indicators of macroeconomic conditions.
The Purchasing Managers' Index (PMI) measures the prevailing direction of economic trends based on a survey of purchasing managers across various industries, including manufacturing PMI, services PMI, and architecture PMI.
CPI, PPI, and PMI are important economic indicators that reflect the macroeconomic situation and serve as important references for national policy making.
Observing the changes in these indicators can help us effectively analyze the economic environment and the inflation level and make investment decisions.
Quiz of Today![]()
Generally speaking, when PPI continues to rise, the upstream producers will more or less pass on rising costs to consumers ,leading to ____ CPI.![]()
A. Elevated
B. Reduced
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Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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steady Pom pipi : A
71780680 : it used to be important, they have gutted the most important parts to make it look good for them. in my opinion wait tell it comes out before making any moves
Aurelian : 291k volume at 6am is not low volume.
What is your name : CPI cooled down. yeah !
Lizardking-1972 : Does the $2000 deposit for 3 free stocks have to stay in the account or is there a minimum balance that needs to stay in the account to get the free stocks?… ty