Thursday, January 18, 2007

Forex News: 18.01.2007 Inflation in the USA exceeded expectations in December

The consumer price index in the USA, reflecting inflation pressures, rose in December by 0.5% toward the preceding month, the Ministry of Trade reported today. CPI excluding food and energy rose in December by 0.2% at the monthly rate.

The consumer price index slightly exceeded expectations. The analysts expected that CPI would rise by 0.4% in a month, while CPI excluding food and energy - by 0.2%.

At the annual rate consumer prices in the USA rose in December by 2.5%, CPI excluding food and energy - by 2.6%.


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