Pharaoh
Brigadier General
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Consumer Price Index. This is a measure of retail prices of goods and services. This can also be called the "cost of living" index.
Generally, if the released number is greater than the forecast number, that is good for the value of the nation's currency. One of the reasons for this is that the CPI is a direct measure of inflation, and higher inflation often leads to increased interest rates.
Generally, if the released number is greater than the forecast number, that is good for the value of the nation's currency. One of the reasons for this is that the CPI is a direct measure of inflation, and higher inflation often leads to increased interest rates.
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