$USIRYY -CPI# *M print (post AA+)

Mis à jour
- Awaiting CPI# numbers readings for USIRYY on August 10th (today) post US being Down-Graded to AA +.
While on the 9th of August CNIRYY came deflationary on the other side of the world

Consensus sits at 3.1% (0.1% increase) and some to 0.3% increase at 3.3% for USIRYY

Economists forecast Inflation rising up again on a steady pace
for the rest of 2023 and the entering of 2024 for coming down YoY from 9.1% to 3%

On the last USINTR Rate Hike Decisions following a Month of Breath,
our pal,
Jerome Powell stated during his speech regarding Fed's seeing
inflation coming up on months to come not being total uder control.
This was aswell one of many reasons they didn't felt
confident to stop the Rate Hiking .
He aswell stated that Federal Reserve does not see Inflation coming down to their
Target Norm of 2% CPI by 2025, and they fimrly prompt a 'Soft Landing'.

How about another joke, Powell !
It's not about Money ,
its about sending a Message .
Everything Burn ...




TRADE SAFE
*** Note that this is not Financial Advice
Please do your own research and consult your own financial advisor
before partaking on any trading activity based solely on this idea.


Note
USIRYY CPI numbers came in slightly higher at 3.2% for July,
missing the economists forecast of 3.3% ;
a 0.3% increase from a month prior (June)
Note
Next USIRYY CPI # numbers release scheduled on 13 September (11 Days to go)
Note
(September 13/2023)

Today is the next CPI #numbers release (September 13/2023) .
Consensus sits at 3.6% from the previous numbers release at 3.2% ,
whilst most economics forecast put the number at 3.5% for USIRRY

'Sticky Inflation' seems to be more of a 'Permanent Inflation' ;


There is a lot of concerns regarding Oil Supply BRN1! and USIRRY numbers headline,
as Saudi Arabia and Russia who are two largest oil producers have
extended Oil's cut supply for Q4/2023 .
Note
CPI USIRYY ROSE TO 3.7 % IN AUGUST
AS HIGH OIL PRICE DRIVE UPTICK
Note
USIRYY
Today (12 October 2023) its the next CPI # numbers release.
This month's CPI number will help the Feds for their next
USINTR decision scheduled on 20/Oct/2023

Consensus sits at 3.7% YoY for USIRYY,
0.1% increase MoM .


Meanwhile DXY has been printing 11 Consecutive Green Weekly Candles,
failing at its 12 one in the row by printing a Bearish Weekly 'Tailing Top'
snapshot
On the *D (Daily) DXY seems to getting back inside on its 100-105 Range,
by failing to hold support at Macro 0.618 and (105) Range's Ceiling Level
snapshot
$DXY - Next Resistances to Watch *W & *D (tf)


Here's a Line Chart of DXY journey tracking;
'Ballads of The Dollar'
$DXY  -Ballads of the Dollar *W  (11 Consecutive Green Weeks)
Note
USIRYY rose at 3.7%,
0.10% MoM .
Looking ahead for USINTR decision on 20th of Oct.
Note
USIRYY (September #)

The annual inflation rate in the US USIRYY slowed to 3.2% in October 2023 from 3.7% in both September and August,
below market forecasts of 3.3% for September.


Compared to September the CPI was unchanged,
the least in fifteen months and below forecasts expactations of a 0.1% rise, as lower gasoline prices (-5%) offset increases in prices for shelter (0.3%), natural gas (1.2%) and food (0.3%).
Meanwhile, the core CPI unexpectedly rose 4% on the year and 0.2% on the month, below forecasts of 4.1% and 0.3% respectively.

source: U.S. Bureau of Labor Statistics

snapshot
Note
USIRYY @3.1% -November's 2023 CPI #

The annual inflation rate in the US slowed to 3.1% in November 2023,
the lowest reading in five months,
from 3.2% in October and in line with market forecasts.
Energy costs dropped 5.4% (vs -4.5% in October), with gasoline declining 8.9%, utility (piped) gas service falling 10.4% and fuel oil sinking 24.8%.
Additionally, prices increased at softer pace for food (2.9% vs. 3.3%), shelter (6.5% vs. 6.7%), new vehicles (1.3% vs. 1.9%) and apparel (1.1% vs. 2.6%) and continued to decline for used cars and trucks (-3.8% vs -7.1%).
On the other hand, prices rose faster for medical care commodities (5% vs 4.7%) and transportation services (10.1% vs. 9.2%).
Compared to the previous month, consumer prices edged 0.1% higher, compared to expectations of a flat reading, and after being unchanged in October, as higher shelter cost offset a decline in the gasoline index. Meanwhile,
core inflation remained at 4% and the monthly rate rose to 0.3% from 0.2%,
in line with forecasts.

source: U.S. Bureau of Labor Statistics
snapshot
Note
USIRYY (December/2023_data)
snapshot
The annual inflation rate in the US went up to 3.4% in December 2023 from a five-month low of 3.1% in November, higher than market forecasts of 3.2%, as energy prices went down at a slower pace.
Energy costs dropped 2% (vs -5.4% in November), with gasoline declining 1.9% (vs -8.9%), utility (piped) gas service falling 13.8% (vs -10.4%) and fuel oil sinking 14.7% (vs -24.8%).
Meanwhile, prices increased at a softer pace for food (2.7% vs 2.9%), shelter (6.2% vs 6.5%), new vehicles (1% vs 1.3%), apparel (1% vs 1.1%), medical care commodities (4.7% vs 5%) and transportation services (9.7% vs 10.1%) and continued to decline for used cars and trucks (-1.3% vs -3.8%).
Annual core inflation rate eased to 3.9%, below 4% in the previous period but above expectations of 3.8%.
Compared to November,
consumer prices went up 0.3%, the most in three months and above forecasts of 0.2%.

source: U.S. Bureau of Labor Statistics
Note
USIRYY (January/2024)
snapshot
US Inflation Rate Drops Less than Expected

The inflation rate in the US declined to 3.1% year-on-year in January from 3.4% in December, but remaining slightly above market expectations of 2.9%. Meanwhile, annual core inflation held steady at 3.9%, also above forecasts of 3.7%. Month-over-month,consumer prices rose by 0.3%, and the core monthly rate picked up to 0.4%.

source: U.S Bureau of Labor Statistics
Note
USIRYY (February/2024)
snapshot

Annual inflation rate in the US unexpectedly edged up to 3.2% in February 2024, compared to 3.1% in January and above forecasts of 3.1%.
Energy costs dropped much less than expected (-1.9% vs -4.6% in January), with gasoline declining 3.9% (vs -6.4%), utility gas service falling 8.8% (vs -17.8%) and fuel oil going down 5.4% (vs -14.2%).
Meanwhile, prices increased at a softer pace for food (2.2% vs 2.6%), shelter (5.7% vs 6%), new vehicles (0.4% vs 0.7%), and medical care (2.9% vs 3%). Also, the cost was steady for apparel (0% vs 0.1%) and continued to decline for used cars and trucks (-1.8% vs -3.5%).
In contrast, prices continued to rise sharply for transportation (9.9% vs 9.5%).
Meanwhile, the monthly inflation rate rose to 0.4% from 0.3%, with prices for shelter and gasoline contributing over 60% of the increase.
On the other hand, core inflation eased to 3.8% from 3.9%, compared to forecasts of 3.7%.
The monthly rate remained steady at 0.4%, instead of forecasts of 0.3%.

source: U.S. Bureau of Labor Statistics
Note
USIRYY (March/2024)
snapshot


The annual inflation rate in the US rose to 3.5% in March, compared to 3.2% in February and above market expectations of 3.4%. Compared to the previous month, the CPI increased by 0.4%, the same as in February but also above forecast. Meanwhile, core annual inflation remained at 3.8%, and the monthly gauge at 0.4%.
Note
USIRYY (April/2024)
snapshot

Annual inflation rate in the US eased to 3.4% in April 2024 from 3.5% in March which was the highest reading since September, in line with market forecasts. Inflation steadied for food (2.2%) and slowed for shelter (5.5% vs 5.7%) while prices continued to decline for new vehicles (-0.4% vs -0.1%) and used cars and trucks (-6.9% vs -2.2%).
On the other hand, energy costs rose slightly more (2.6% vs 2.1% in March), with gasoline increasing 1.1% (vs 1.3%) while a decline was seen for utility gas service (-1.9% vs -3.2%) and fuel oil (-0.8% vs -3.7%).
Also, cost rose faster for transportation (11.2% vs 10.7%) and apparel (1.3% vs 0.4%).
Compared to the previous month, the CPI increased by 0.3%, below 0.4% in each of the previous two months and forecasts of 0.4%.
Meanwhile, core inflation slowed to 3.6% annually, be the lowest reading since April 2021, down from 3.8% in both March and February.
The monthly rate also eased to 0.3% from 0.4%, both in line with forecasts.

source: U.S. Bureau of Labor Statistics
Note
USIRYY 3.3% (May/2024)
United State's CPI Cools Down More Than Expected
source: U.S. Bureau of Labor Statistics
snapshot

The annual inflation rate in the US slowed to 3.3% in May, below April's reading and market expectations of 3.4%.
Compared to April, the CPI was unchanged, below 0.3% in April and a consensus of 0.1%.
Also, core inflation slowed to 3.4% annually, the lowest since April 2021.
Meanwhile, core inflation slowed to 3.4% annually, the lowest rate since April 2021 and below consensus of 3.5%. The monthly core inflation rate also fell to 0.2% from 0.3%, better than forecasts of 0.3%.
Finally, the monthly gauge rose only by 0.2%, below 0.3% in the previous month.
Note
USIRYY (June/2024)
source: U.S. Bureau of Labor Statistics
snapshot

The annual inflation rate in the US fell for a third straight month to 3% in June 2024, the lowest since June 2023, compared to 3.3% in May and below forecasts of 3.1%.
Energy costs rose at a slower pace (1% vs 3.7%), due to gasoline (-2.5% vs 2.2%) and fuel oil (0.8% vs 3.6%) while utility gas service (3.7% vs 0.2%) accelerated. Inflation also eased for shelter (5.2% vs 5.4%) and transportation (9.4% vs 10.5%) and steadied for apparel (0.8%).
In addition, prices continued to decline for new vehicles (-0.9% vs -0.8%) and used cars and trucks (-10.1% vs -9.3%).
On the other hand, food inflation edged up (2.2% vs 2.1%).
Compared to May, the CPI unexpectedly declined 0.1%, the first fall since May 2020, following a flat reading and compared to expectations of a 0.1% rise. Meanwhile, annual core inflation also slowed to 3.3%, a fresh low since April 2021, from 3.4% in May and forecasts it would remain steady.
The monthly rate edged down to 0.1% from 0.2%, below expectations of 0.2%.
Note
USIRYY (July/2024)
source: U.S. Bureau of Labor Statistics
snapshot

The annual inflation rate in the US dropped to 2.9% in July,
the lowest since March 2021, from 3% in June and below forecasts of 3%.
On a monthly basis, the CPI rose by 0.2%, as expected.
Core inflation also eased for the fourth consecutive month to 3.2%.
The monthly core rate increased to 0.2% from 0.1%.
CPIeconomyeducationFundamental Analysisfundamental-analysisinflationunitedstates

Publications connexes

Clause de non-responsabilité