Here's the Breakdown for February CPI, in One Chart
The consumer price index in the United States rose by 3.2% year-over-year to 310.326 points in February 2024, following a 3.1% increase in January and slightly exceeding the market consensus of a 3.1% advance.
Food costs were up 2.2% compared with one year ago, down from 2.6% YoY compared to last month.
Energy costs decreased by 1.9% YoY. Energy costs decreased by 4.6% YoY in January. Energy prices increased by 2.2% on a MoM base.
Used cars and trucks prices decreased by 1.8% YoY.
Shelter costs were up 5.7% compared with one year ago, down from 6.0% YoY compared to last month.
By Moomoo US Calvin
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Alexander Harris2 : What does this mean for rate cuts?
ericgan Alexander Harris2: Yes pls advice
Kcler : That why Amazon increase pricing for their logistic business segment. Increase of 9.9% for transportation services
ericlaiys : i dont think will have rate cut.
razo2 : why are they comparing oil from last year November? lol. if you compare MoM oil is up man. YoY March oil is same price.
tanvi Alexander Harris2: It is going to be delayed
70185181 : Note that intraday call options are significantly higher than put options. The falsification of the Federal Reserve's data is all aimed at harvesting options. Whether it's a call option or a put option, it will go back to zero.
73361702 Alexander Harris2: No cuts soon. Transport up 10% that means everything is going up soon too.
Alexander Harris2 73361702: Okay that makes sense. Thank you
In One ChartOP razo2: Thank you for your valuable feedback regarding the Consumer Price Index (CPI) details. We have updated our CPI information to include the month-over-month data.
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