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Cleveland Fed median m/m CPI +0.4% vs +0.5% prior

Cleveland Fed median m/m CPI +0.4% vs +0.5% prior

The Cleveland Fed has published its median CPI figure based on the December data. It measures e one-month inflation rate of the component whose expenditure weight is in the 50th percentile of price changes. However, it is still well above target and a healthy +0.2% to +0.3% m/m reading.

Andrew Johnson is a seasoned journalist with a keen interest in the commodity market. He is a regular contributor to Livemarkets.com, where he covers the latest news, trends, and analysis related to the commodity industry. With years of experience under his belt, Andrew has established himself as a reliable source of information on the global commodity market.