I=8
- CPI rose 0.3% in December, up from 0.1% in November and above 0.2% estimate.
- Yearly, CPI rose 3.4% on the month, up from 3.1% in November and higher than 3.2% estimate.
- Core CPI rose 0.3% in December, unchanged from November’s figure and in-line with the estimate.
- Yearly, core CPI rose 3.9% lower than 4.0% in November and higher than 3.8% estimate.
- Shelter rose 0.5% on the month (November:+0.4%) and was responsible for more than half of the monthly headline increase.
- Energy prices were up 0.4% in December after being down for two consecutive months.
- Supercore inflation was up by 3.9% on a yearly basis, same as in November but rose 0.4% on the month down from 0.44%.
- Stocks slightly up. S&P 500 futures rose 0.2%, Nasdaq Composite gained 0.4% while Dow Jones Industrial Average was up 0.1%
