What is it and what does it mean for inflation?

by Pelican Press
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What is it and what does it mean for inflation?

The US Bureau of Labor Statistics will release October’s Consumer Price Index (CPI) this Wednesday, November 13. The data print measures the monthly changes in prices paid by consumers, a vital measurement of month over month and annual fluctuations in US inflation.

Wealth host Brad Smith explains what CPI represents, expectations for the latest print, the differences between headline and core CPI, and the industries economists will be watching closely in this fresh batch of data.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Luke Carberry Mogan.



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