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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Consumer Price Index Ex Food & Energy climbed to 2.0% in February 2013
FMPMonthlyReleased March 2013
US Consumer Price Index Ex Food & Energy climbed to 2.0% in February 2013, released March 2013, up 0.1% from January's 1.9% reading. The reading matched the 2.0% consensus.
Latest Release
2.000000
Actual
2.000000
Consensus
1.900000
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
Consumer Price Index Ex Food & Energy (United States) was reported at 2% in February 2013. This matched the market consensus of 2% exactly. The reading rose from the previous value of 1.9%. This is classified as a high-impact indicator released on a monthly basis.
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 Philadelphia Fed Manufacturing Index (Jun 18) and Initial Jobless Claims (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update March 2013.
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Consumer Price Index Ex Food & Energy - US
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About Consumer Price Index Ex Food & Energy — United States
DEFINITION
The Consumer Price Index Ex Food & Energy is a widely used financial indicator that measures the average change in prices of goods and services purchased by consumers, excluding the volatile categories of food and energy. This indicator provides valuable insights into the overall inflationary trends in the economy, allowing businesses and policymakers to make informed decisions regarding pricing, budgeting, and monetary policy. It is considered a key measure of consumer spending and can impact the financial markets and the cost of living for individuals.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus typically move rates and currencies on release. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2013): actual 0.2 %, consensus 0.2 %. Prior reading (Mar 2013): 2 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print. Current dynamics are the primary headwind in the projection. This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.