The US June’s consumer price inflation (CPI) is unchanged for the month of June. For binary option traders the CPI index is important because it sends in signal about the stability of the US economy. Washington is the largest spender of the world and its fiscal and monetary decisions affect the global binary option markets.
The June CPI was just reported of 0.0% for the headline and 0.2% for the core, as it was in line with the expectations. According to Bloomberg’s survey this is the biggest beat (a fractional 5bps) of expectations since August 2011, as the graph shows it.
Some of significant price changes are as follows:
- Food: +0.2%
- Energy: -1.4%
- Fuel Oil: -7.9%
- Electricity: -0.5%
- Gas Service: 1.7%
- Apparel: 0.5%
- Shelter: +0.1% – uhm, did someone forgot to poll New York rents?
- Medical Care Services: +0.7%
