USD news :
CPI m/m
CPI y/y
Core CPI m/m
It is possible that we may see a decrease in CPI m/m as we observe some leading indicators have a positive effect such as PCE or unemployment rates, which can help to decrease inflation. However, after the OPEC meeting decided to cut production, we had a huge bullish gap on the oil price, reaching $80 per barrel. This sudden increase in oil prices can cause a chain reaction, leading to an increase in the price of goods and services, ultimately causing an increase in Core CPI.