The Consumer Price Index (CPI)
Magid Emrani
Private Wealth Mortgage Banker | New Construction Specialist | NMLS # 291790
The Consumer Price Index (CPI), which measures inflation on the consumer level, was reported at -0.1% for the month of December against expectations of no change, and decreased by 0.6% to 6.5% year over year, matching the estimate. The Core CPI Rate, which strips out food and energy prices, increased by 0.3% for the month and decreased by 0.3% to 5.7% year over year, in line with expectations.