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  • Monthly Consumer Price Index Indicator, January 2023

    From abs.gov.au

    Key statistics: • The monthly CPI indicator rose 7.4% in the twelve months to January. • The most significant price rises were Housing (+9.8%), Food and non-alcoholic beverages (+8.2%) and Recreation and culture (+10.2%). table Monthly Overview The monthly CPI indicator annual movement rose 7.4% in January, down from 8.4% in December. The annual movement for CPI excluding volatile items (i.e. excludes Fruit and vegetables and Automotive fuel) rose 7.2% in January, down from 8.1% in December. chart All groups and Groups Annual inflation remains elevated reflected in the broad-based nature of price increases ... (full story)

wow, cpi down almost 1%.
lower CPI means lower inflation right ?
Beginners Luck
Yes
Gottt damn all go down and USD always remain up hot, ,just f'ing ridiculous
Look, all govenment statistics like these are frauds. They do not tell the truth. They do not include all pertinent data! They are INTENTIONALLY this way so as to bolster the market instead of identifying and solving problems that mostly affect only the NON-elite!

How to trade all this?

IGNORE!

Ignore and go ONLY by what you SEE on the charts, not what you are led as sheep to BELIEVE!

- Tah
Quoting edeslu
Gottt damn all go down and USD always remain up hot, ,just f'ing ridiculous
The higher the fed raise rates the higher inflation goes. RBA was very chill in doing 25bp every time and now their inflation is going down
zero sum game guys , read price action and supply demand. it gets better. https://prnt.sc/hRI-GQ28vNak
edeslu i dont think u are wright
Quoting jordanvic
{quote} The higher the fed raise rates the higher inflation goes.
Quoting Nwokoji
edeslu i dont think u are wright
man is anything else going up? you can't see how USD is steamrolling everything....AGAIN!!
Quoting edeslu
{quote} man is anything else going up? you can't see how USD is steamrolling everything....AGAIN!!
did not trade USD
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  • Posted: Feb 28, 2023 7:30pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 11  /  Views: 3,593
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