What Is Consumer Price Index? 

Consumer Price Index (CPI) is the most watched economic indicator. It is calculated then released by the Bureau of Labor Statistics, which is part of the Department of Labor.

What Does Consumer Price Index measure?

It measures the change in price of goods and services purchased by the consumers excluding investment items such as stocks, bonds, real estates and life insurances. In short, Consumer Price Index measures the cost of living.

Why Do We (traders) Care?

Consumer Price Index accounts for the majority of overall inflation. Inflation is important to currency evaluation. If the stats are good, they are considered as good for the U.S Dollar which is likely to strengthen as a result and weakens when the stats are less than expected, it is not as straight forward as it sounds though. U.S CPI also impacts the U.S stocks.

Check out my fundamental analysis course should you wish to learn how to trade CPI and how it affects stocks. Thank you for stopping by. Below are the U.S Consumer Price Index dates 2024.