U.S. Consumer Price Index for December 2024: Key Insights and Implications for Investors
1 month ago

The U.S. Bureau of Labor Statistics is preparing to unveil the unadjusted Consumer Price Index (CPI) year-on-year data for December 2024, scheduled for release tonight at 21:30 UTC+8. This critical economic indicator provides insights into inflation trends and purchasing power, which are essential for informed investment decisions.

With the market anticipating an annual rate of 2.9% for December, this represents a slight uptick from the previous rate of 2.7%. Understanding these figures is vital for investors seeking to navigate the complexities of the current economic landscape. Inflation, as measured by the CPI, influences Federal Reserve policies, consumer confidence, and overall market dynamics.

Investors should carefully analyze this upcoming release, as fluctuations in the CPI can impact interest rates, bond yields, and stock market performance. A higher CPI could suggest increasing inflationary pressures, leading to potential adjustments in monetary policy, which may create both risks and opportunities for diverse investment portfolios. Investment strategies should also take into account various sectors that might be more resilient in a rising inflation environment, such as commodities, real estate, and inflation-protected securities.

An understanding of consumer behavior and spending trends is crucial as these factors directly relate to CPI changes, indicating how consumers are adjusting to economic shifts. In conclusion, the anticipated CPI release for December is more than just a number; it is a reflection of economic health that affects investment strategies and financial planning.

Investors should remain vigilant and responsive to these economic indicators to optimize their investment outcomes..

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Economic Calendar

Unemployment Rate
2025-03-12 06:00:00
Actual
Forecast
Previous
7.2%

Up to and including March 2005, data refers to all persons of working age who during the reference week were not employed, but were willing and able to work and had looked for work (or would have looked for work if they had not been temporarily prevented from doing so) during the last four weeks.

Retail Sales y/y
2025-03-12 09:00:00
Actual
Forecast
Previous
4.0%

The main objective of the Retail Trade (or Retail Sales) Indices (RTI) is to obtain the fundamental characteristics of companies dedicated to the exercise of retail sales in Spain, which facilitates measuring in the short term, the development of activity in the sector.

ECB Press Conference, ECB President Speaks
2025-03-12 09:45:00
Actual
Forecast
Previous
MBA Mortgage Applications
2025-03-12 12:00:00
Actual
Forecast
Previous
20.4%

The Weekly Mortgage Applications Survey contains 15 indices covering application activity for fixed rate, adjustable rate, conventional and government loans for home purchases and refinances.

OPEC Meeting
2025-03-12 12:00:00
Actual
Forecast
Previous
Core Consumer Price Index (CPI) y/y
2025-03-12 13:30:00
Actual
Forecast
Previous
3.3%

Bureau of Labour Statistics also calculates and publishes indexes for special aggregations, such as energy items, that cut across the above classification scheme.

Core Consumer Price Index (CPI) m/m
2025-03-12 13:30:00
Actual
Forecast
0.3%
Previous
0.4%

Bureau of Labour Statistics also calculates and publishes indexes for special aggregations, such as energy items, that cut across the above classification scheme.

Consumer Price Index (CPI) m/m
2025-03-12 13:30:00
Actual
Forecast
0.3%
Previous
0.5%

The CPI (Consumer Price Index) provides an estimate of the price change between any two periods.

Consumer Price Index (CPI) y/y
2025-03-12 13:30:00
Actual
Forecast
Previous
3.0%

The CPI (Consumer Price Index) provides an estimate of the price change between any two periods.

Crude Oil Inventories
2025-03-12 14:30:00
Actual
Forecast
Previous
433.8 M Barrels

The Weekly Petroleum Status Report (WPSR) provides timely information on supply and prices of crude oil and principal petroleum products in the context of historical data and forecasts.

Interest Rate Decision
2025-03-12 14:45:00
Actual
Forecast
Previous
3.00%

The Bank carries out monetary policy by influencing short-term interest rates.

Federal Budget Balance
2025-03-12 19:00:00
Actual
Forecast
Previous
-129.0 B USD

The Monthly Treasury Statement of Receipts and Outlays of the United States Government (MTS) is prepared by the Financial Management Service, Department of the Treasury, and after approval by the Fiscal Assistant Secretary of the Treasury.

Building Approvals m/m
2025-03-13 01:30:00
Actual
Forecast
6.3%
Previous
0.7%

This indicator shows the number of permits for new construction projects.

Consumer Price Index y/y
2025-03-13 08:00:00
Actual
Forecast
1.3%
Previous
0.9%

The Consumer Price Index (CPI) is the most common measure of changes in prices.

Consumer Price Index m/m
2025-03-13 08:00:00
Actual
Forecast
0.6%
Previous
0.0%

The Consumer Price Index (CPI) is the most common measure of changes in prices.

Producer and Import Prices y/y
2025-03-13 08:30:00
Actual
Forecast
Previous
-0.3%

The producer price index relates to goods produced and sold on the domestic market or exported by enterprises based in Switzerland.

Producer and Import Prices m/m
2025-03-13 08:30:00
Actual
Forecast
Previous
0.1%

The producer price index relates to goods produced and sold on the domestic market or exported by enterprises based in Switzerland.

Industrial Production y/y
2025-03-13 11:00:00
Actual
Forecast
Previous
-2.0%

The Industrial Production Index is a business cycle indicator showing the output and activity of industry.

Industrial Production m/m
2025-03-13 11:00:00
Actual
Forecast
0.8%
Previous
-1.1%

The Industrial Production Index is a business cycle indicator showing the output and activity of industry.

Core Producer Price Index (PPI) y/y
2025-03-13 13:30:00
Actual
Forecast
Previous
3.6%

Because prices for food and energy have tended to be so erratic in recent years, some economists prefer to focus attention on an index measuring prices for finished goods other than foods and energy as a better measure of the so-called core or underlying rate of inflation.

Core Producer Price Index (PPI) m/m
2025-03-13 13:30:00
Actual
Forecast
0.3%
Previous
0.3%

Because prices for food and energy have tended to be so erratic in recent years, some economists prefer to focus attention on an index measuring prices for finished goods other than foods and energy as a better measure of the so-called core or underlying rate of inflation.

Initial Jobless Claims
2025-03-13 13:30:00
Actual
Forecast
Previous
221 000

Initial Jobless Claims is a report issued by the U.

Producer Price Index (PPI) m/m
2025-03-13 13:30:00
Actual
Forecast
0.3%
Previous
0.4%

The Producer Price Index (PPI) of the Bureau of Labour Statistics (BLS) is a family of indexes that measure the average change over time in the prices received by domestic producers of goods and services.

Producer Price Index (PPI) y/y
2025-03-13 13:30:00
Actual
Forecast
Previous
3.5%

The Producer Price Index (PPI) of the Bureau of Labour Statistics (BLS) is a family of indexes that measure the average change over time in the prices received by domestic producers of goods and services.

Building Permits m/m
2025-03-13 13:30:00
Actual
Forecast
Previous
11.0%

The Building Permits Survey covers all Canadian municipalities that issue permits.

Natural Gas Storage
2025-03-13 15:30:00
Actual
Forecast
Previous
1760 BCF

This report tracks U.

Food Price Index (FPI) m/m
2025-03-13 22:45:00
Actual
Forecast
Previous
1.9%

The Food Price Index (FPI) measures the price change rate of a fixed basket of food goods and services purchased by households.

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