DislikedI do have a question though: the forecast is 0.3% which is already 0.2% less than the last figure of 0.5%. If the figure came out as say 0.4%; better than forecast but still down on the previous figure, is that good or bad?Ignored
CPI has its designed purpose just like all other economy indicators. It raises the price for the currency if the actual read if better than the expected number. And that is that.
Is it bad or good?
When it comes to how well the economy's doing, CPI is just a part of measurements to the a much bigger picture.
Bottom line is CPI reading would be the one of the key factors for central banks to make decision on rate, QE and etc.
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