Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS CPI Real Earnings MoM fell to -0.2% in March 2015
FMPMonthlyReleased April 2015
US CPI Real Earnings MoM fell to -0.2% in March 2015, released April 2015, down 0.1% from February's -0.1% reading.
Latest Release
-0.200000
Actual
—
Consensus
-0.100000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CPI Real Earnings MoM (United States) was reported at -0.2% in April 2015. The reading fell from the previous value of -0.1%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update April 2015.
SHARE
CPI Real Earnings MoM - US
Loading chart data...
About CPI Real Earnings MoM — United States
DEFINITION
CPI Real Earnings MoM is a financial indicator that measures the change in real earnings of workers on a month-over-month basis. It takes into account the impact of inflation on wages, providing a more accurate representation of purchasing power. This indicator is widely used by economists and policymakers to track the overall health of the economy and make informed decisions regarding monetary policies.
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2015): actual -0.2 %. Prior reading (Feb 2015): -0.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print. Current dynamics are the primary tailwind in the projection. This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.