Data on the US consumer price index has been announced. Here is the data disclosed:
- Consumer price index Monthly – Announced: 0.2% – expected 0.3%
- Consumer price index Annual – Announced: 3% – expected: 3.1%
- Core consumer price index Monthly – Announced: 0.2% – expected: 0.3%
- Core consumer price index Annual – Announced: 4.8% – expected: 5%
Bitcoin and Dollar’s Initial Reaction
The first reaction of Bitcoin and dollar after the announced data is as follows:
Core inflation falling below 5% after a long time was welcomed by the markets.