The consumer price index (CPI) in the United States increased by 0.4% in September compared to August, a number that exceeded forecasts, a continuation of the rise already observed previously. This scenario, added to other global factors, seems to create an intriguing stage for the performance of cryptocurrencies.
According to data released by the US Department of Labor, the CPI showed an annual increase of 3.7%, a value that also exceeded the expectations of the Refinitiv consensus, which had predicted inflation of 3.6%. This scenario reaffirms a growth trajectory, pointing to the solidity and resilience of the economy, even in the face of global uncertainties and variables.
When we consider core inflation, which excludes food and energy, we also observe a monthly increase of 0.3%, with an annual increase of 4.1%. This core aligns with projections and helps paint a more complete picture of the economy, providing a backdrop against which markets can continue to evolve and find their footing.
- US consumer prices rise 3.7% YoY in September; Estimated value 3.6%
- September Core US Consumer Prices Increase 4.1% YoY%; Estimated value 4.1%
- US Consumer Prices in September Increase 0.4% M/M; Estimated value 0.3%
- Core Consumer Prices in September in the US rise 0.3% M/M; Estimated value 0.3%
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