CPI Release Schedule for 2023 and 2024
Understanding the Consumer Price Index (CPI)
The Consumer Price Index (CPI) is a key economic indicator that measures the change in the prices of goods and services purchased by urban consumers. It tracks the cost of living for the average American household and is widely used to gauge inflation and adjust wages and benefits.
Upcoming CPI Release Dates
The Bureau of Labor Statistics (BLS) releases the CPI data on a monthly basis. Below is the schedule for the upcoming releases in 2023 and 2024: **2023** * January 12, 2023 * February 14, 2023 * March 14, 2023 * April 12, 2023 * May 10, 2023 * June 13, 2023 * July 12, 2023 * August 11, 2023 * September 13, 2023 * October 13, 2023 * November 14, 2023 * December 13, 2023 **2024** * January 11, 2024 * February 14, 2024 * March 13, 2024 * April 11, 2024 * May 9, 2024 * June 12, 2024 * July 11, 2024 * August 13, 2024 * September 12, 2024 * October 10, 2024 * November 13, 2024 * December 12, 2024
Importance of CPI Data
The CPI data provides valuable insights into inflation trends, consumer spending, and the overall health of the economy. It influences decisions by the Federal Reserve and other policymakers, and it is used by businesses to set prices and adjust production levels.
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