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US December CPI revised to +0.1% m/m from -0.1% | Forexlive

The BLS released benchmark revisions:

  • Revisions reflect updated seasonal adjustment factors
  • Ex food and energy +0.4% vs +0.3% previously

Be careful trading on this headline as a number of months last year were likely revised. I’ll track down the details.

This is also a reminder that in next week’s CPI report, the BLS will change the weights of various items in a move that now happens every year to reflect shifting consumer preferences.