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CPI (Consumer Price Index)

CPI (Consumer Price Index) News

The most-watched measure of consumer inflation, tracking prices of a basket of goods and services households buy.

What is CPI (Consumer Price Index)?

CPI measures the average change over time in prices paid by urban consumers for a representative basket of goods and services. Major components typically include: housing/shelter (largest weight), food, energy, transportation, medical care, recreation. Released monthly in most countries โ€” US Bureau of Labor Statistics, India's Ministry of Statistics, Eurostat, etc. The "core" version excludes food and energy.

Why it matters for investors

CPI is the headline inflation measure that drives central bank decisions, Treasury Inflation-Protected Securities (TIPS) returns, Social Security/pension adjustments, and most contractual inflation escalators. Markets react sharply to CPI surprises โ€” a 0.1% miss vs. expectations can move bond yields significantly.

Frequently asked questions

How is CPI calculated?

Statistical agencies survey thousands of prices across categories monthly. Items are weighted by household spending share (rent has higher weight than haircuts). Geographic averaging produces a single index. Year-over-year change is the headline number.

Why does CPI sometimes feel wrong?

CPI is an average across categories and regions. Your personal inflation rate depends on your spending mix. If you don't own real estate, shelter doesn't affect you the same way. CPI also struggles to capture quality changes and product substitution.

What is PCE inflation?

Personal Consumption Expenditures โ€” the Fed's preferred inflation measure. PCE has a different basket and methodology (substitution effects), typically running ~0.3-0.5% lower than CPI.

๐Ÿ‡บ๐Ÿ‡ธ United States

US Candy Prices Surge 7.7% โ€” More Than Double CPI โ€” Hitting Halloween Season

Candy and chewing gum prices rose 7.7% over the past year, more than double the 3.7% Consumer Price Index rate

Nov 1, 2026

๐Ÿ‡ฐ๐Ÿ‡ท South Korea

Nasdaq Drops 2.86%, Dow Falls 1.09% on Tech Selloff; Germany October CPI Eases to 2.8%

The Nasdaq fell 747 points (2.86%) to 25,437 and the Dow Jones dropped 572 points (1.09%) as AI-related stocks led selling.

Oct 31, 2026

๐Ÿ‡ฉ๐Ÿ‡ช Germany

Italy Inflation Jumps to 5.4% as Over 100,000 Protest Meloni's Economic Agenda

More than 100,000 protesters took to Italian streets against Meloni government policies

Oct 31, 2026

๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom

UK Inflation Set to Peak at 3.75% as OBR Forecasts Growth Slowdown in Budget Report

The Office for Budget Responsibility forecast UK inflation rising to a peak of around 3.75% by early 2027

Oct 28, 2026

๐Ÿ‡บ๐Ÿ‡ธ United States

Japan Inflation Indicator Surges, Raising Odds of BoJ Rate Hike

Oct 28, 2026

๐Ÿ‡ธ๐Ÿ‡ฌ Singapore

Japan Trend Inflation at 3-Year High Cements BOJ Rate Hike Expectations

Japan's trend inflation index hit a 3-year high with its biggest year-on-year rise since October 2023, cementing the case for a Bank of Japan rate hike and extending yen carry trade unwinding risks.

Oct 27, 2026

๐Ÿ‡ฐ๐Ÿ‡ท South Korea

Korean Household Loans Surge 2.6 Trillion Won in October as Dumpling Prices Signal Consumer Inflation

South Korea's five major banks saw household loans jump 2.6 trillion won in October, reversing recent cooling, while retail food prices signal persistent consumer inflation pressures

Oct 26, 2026

๐Ÿ‡ธ๐Ÿ‡ฌ Singapore

Singapore PM Pledges Action on Living Costs and Job Quality in Policy Agenda

Singapore PM Lawrence Wong outlined a full-term government agenda prioritizing living cost reduction and higher-quality job creation.

Oct 25, 2026

๐Ÿ‡จ๐Ÿ‡ณ China

China's Jan-September Fiscal Revenue Rises 5.1% as Expenditure Grows Just 1%

China's fiscal revenue grew 5.1% year-on-year in January-September while government expenditure rose only 1%

Oct 24, 2026

๐ŸŒ Global

Japan Inflation Tops BOJ 2% Target for First Time in 2026, Strengthening December Rate Hike Case

Japan's key inflation gauge exceeded the Bank of Japan's 2% target for the first time in 2026, strengthening the case for a widely expected December rate hike and raising the stakes for the global yen carry trade.

Oct 23, 2026

๐Ÿ‡ธ๐Ÿ‡ฌ Singapore

US Business Activity Hits Strongest Growth Since 2015 as Input Prices Surge to 2022 Highs

US business activity expanded at its strongest pace since 2015, according to the latest PMI composite data.

Oct 23, 2026

๐Ÿ‡ฎ๐Ÿ‡ณ India

UK Inflation Hits 3.5% in September on Iran-Linked Fuel Surge, Bolstering BOE Rate Hike Bets

UK consumer prices rose 3.5% year-on-year in September, up from 3.1% in August, driven by fuel prices linked to the Iran war conflict.

Oct 22, 2026

๐Ÿ‡จ๐Ÿ‡ณ China

UK Inflation Rebounds to 3.5% in September, Driven by Fuel Prices; BOE Rate Hike Bets Rise

UK CPI rose to 3.5% in September from 3.1% in August, matching market expectations and ending a stretch of cooling inflation.

Oct 22, 2026

๐Ÿ‡ฐ๐Ÿ‡ท South Korea

South Korea PB Sales Surge 15% Amid 2.9% CPI as Consumers Trade Down to Private-Label Discounts

Lotte Mart's private-brand sales grew 15% YoY through Sep 2026 as Korea's CPI hit 2.9%; sub-โ‚ฉ5,000 items up 37% as consumer trade-down accelerates.

Oct 21, 2026

๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom

UK September Inflation Expected to Accelerate as Fuel Surge Feeds Through to Consumer Price Index

UK September CPI is forecast to have risen sharply, driven by a fuel price surge that economists expect to push the headline inflation rate higher

Oct 20, 2026

๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom

UK September Inflation Expected to Accelerate After Fuel Surge, Complicating Bank of England Rate-Cut Path

UK September CPI is expected to have accelerated following a surge in fuel prices during the month

Oct 20, 2026

๐Ÿ‡จ๐Ÿ‡ฆ Canada

Canada September CPI Rises to 3.1% as Gasoline Prices Accelerate

Statistics Canada reported September inflation accelerated to 3.1%, driven by faster gasoline prices, keeping pressure on the Bank of Canada to maintain elevated rates.

Oct 20, 2026

๐Ÿ‡จ๐Ÿ‡ฆ Canada

Bank of Canada Rate Hike Back on Table for 2026 After Hawkish Governor Comments and Inflation Data

Bank of Canada Governor's hawkish comments signal a potential rate hike in 2026, reversing market expectations of a sustained pause

Oct 19, 2026

Europe

DAX Gains as Aixtron Surges Double-Digits; Eurozone Inflation at 3.8% Revives ECB Hike Expectations

Germany's DAX index held in positive territory as Aixtron shares surged double-digits on strong trading.

Oct 17, 2026

Europe

Germany Energy Inflation Hits 14.9% as Food Price Surges Add to Consumer Cost Pressure

Germany's energy prices are rising at an annual rate of 14.9%, the most acute component of consumer inflation.

Oct 17, 2026

๐Ÿ‡ฐ๐Ÿ‡ท South Korea

Fermented Shrimp Prices Surge 30% in Korea, Offsetting Cabbage Price Relief for Kimchi Season

Koreas fermented shrimp prices surged 30% year-on-year, offsetting a 14.1% cabbage price decline, creating uncertain cost outlook for annual kimchi-making season.

Oct 16, 2026

๐Ÿ‡บ๐Ÿ‡ธ United States

Hot September CPI Revives Fed Rate-Hike Fears, Sparks Market Anxiety

September CPI came in hotter than expected, reigniting fears of additional Federal Reserve rate hikes

Oct 15, 2026

๐Ÿ‡บ๐Ÿ‡ธ United States

US Tech Stocks Tumble as September CPI Hits 3.7%, Reviving Federal Reserve Rate Hike Fears

US September CPI rose to 3.7%, exceeding forecasts and marking the sharpest inflation acceleration in months

Oct 15, 2026

๐Ÿ‡ฎ๐Ÿ‡ณ India

Gold Falls Over 1% to One-Week Low as Hot US CPI Fuels Fed Rate Hike Bets

Gold dropped over 1% for the third straight session to a one-week low on hot US CPI data.

Oct 15, 2026

๐Ÿ‡ฎ๐Ÿ‡ณ India

US Dollar Surges to 18-Month High as Hot Inflation Revives Fed Rate Hike Fears

DXY dollar gauge rose 0.5% to highest level since May 2025, driven by hot September CPI data.

Oct 15, 2026

๐Ÿ‡ฎ๐Ÿ‡ณ India

India WPI Jumps to 11.39% in September, Six-Month High, on Fuel and Food Price Surge

India's wholesale price index (WPI) inflation rose to 11.39% in September, up from 9.92% in August

Oct 15, 2026

๐Ÿ‡ฎ๐Ÿ‡ณ India

MCX Silver Futures Fall 4% on Stronger Dollar and Rising Crude Oil Before US CPI Data

Silver futures fell 4% on India's MCX exchange on October 14 amid a stronger dollar and higher crude oil

Oct 15, 2026

๐Ÿ‡ฎ๐Ÿ‡ณ India

US September CPI Hits 3.7%, Surpassing Forecasts and Raising Fed Rate-Hike Probability

U.S. September CPI rose to 3.7% year-on-year, above the prior 3.4% reading and market expectations

Oct 15, 2026

๐Ÿ‡ธ๐Ÿ‡ฌ Singapore

Wall Street Falls as Hot CPI Data Revives Federal Reserve Rate-Hike Concerns

All three major U.S. indices opened lower after September CPI rose to 3.7%, above the prior 3.4%

Oct 15, 2026

๐Ÿ‡บ๐Ÿ‡ธ United States

Fed Rate Hike Odds Surge to 49.3% After Hot September CPI, Weighing on SPY Valuation Outlook

Federal Reserve rate hike probability climbed to 49.3% following hotter-than-expected September inflation, weighing on SPY equity valuations

Oct 15, 2026