CPI Report Live Updates: What to Expect and How to Stay Informed

CPI Report Live Updates: What to Expect and How to Stay Informed

The Consumer Price Index (CPI) is a measure of the average change in prices paid by urban consumers for a basket of consumer goods and services. It is one of the most closely watched economic indicators, as it provides a snapshot of how inflation is impacting the economy. The CPI report is released monthly by the Bureau of Labor Statistics (BLS). The next CPI report is scheduled to be released on July 12, 2023 at 8:30 AM Eastern Time. The CPI report typically includes the following information: The headline CPI, which measures the overall change in prices paid by consumers The core CPI, which excludes food and energy prices The CPI for specific categories of goods and services, such as food, housing, transportation, and healthcare The CPI report is a valuable tool for investors, businesses, and consumers. Investors can use the CPI report to assess the impact of inflation on the economy and to make investment decisions. Businesses can use the CPI report to set prices and to track their costs…