Details of the December 2015 US CPI inflation data report 20 January 2016

  • Prior 0.5%
  • -0.1% vs 0.0% exp m/m. Prior 0.0%
  • Core 2.1% vs 2.1% exp y/y. Prior 2.0%
  • 0.1% vs 0.2% exp m/m. Prior 0.2%
  • Real average weekly earnings 1.6% vs 1.6% prior y/y
  • +0.1% vs -0.2% prior m/m. Revised to -0.1%

The headline's missed by a tick but is still up two on last month so it's not a bad figure. Wages stay as they were and with minimal change on the month. They're still very much in the 'must do better' category.

Gasoline prices take another dive of 3.9% vs -2.4% prior. We can probably pin the fall in energy prices on the drops in transportation, airfares and housing fuels.

US CPI details

US CPI y/y