US CPI & Retail Sales

US CPI & Retail Sales

American CPI and retail sales figures will come out at 15:30 MT time on January 12.
US Federal Reserve said in December that it expected to raise interest rates 3 times in 2018. Whether the Fed will be able to stick to this plan will depend, to a large extent, on US CPI figures. CPI stands for consumer price index. Headline CPI firmed, as expected, by 0.4% in November helped by higher energy prices. However, core CPI, which doesn’t contain food and energy prices, added only 0.1% and came below the forecast. As a result, to buy the USD on the release this time we will need good increases in both inflation indexes. Otherwise, the greenback will decline. 
Retail sales reading will come out simultaneously with inflation. We will see how many purchases Americans made before Christmas. This is an important indicator of the US economic health. 
usd

Similar

British inflation jumps

The UK’s key inflation rate rallied in February, although stayed close to January's two-year minimum, assisting customers to preserve their spending power even as Brexit was still uncertain…

Latest news

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera