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Thread on CPI data and their impact on the markets 🧵👀 #cpidata
1/ The Consumer Price Index (CPI) is an essential economic indicator that measures changes in the average prices of goods and services purchased by consumers. It provides insights into inflation trends and is closely monitored by economists, policymakers, and market participants
2/ When CPI numbers are released, they have a significant impact on financial markets. Higher-than-expected CPI figures can influence market sentiment and trigger reactions across various asset classes, including stocks, bonds, currencies, and commodities.
📈"The Cost of Living Goes Up: CPI Data Shows 6.52% Increase in Goods and Services Prices"
[THREAD🧵] 👇
1) In Jan, Compared to last year, there is a 16.1% increase in price of cereals, 21% in spices, while the price of vegetables decreased by 11.7%.
#CPI #inflation #CPIdata
[THREAD🧵] 👇
1) In Jan, Compared to last year, there is a 16.1% increase in price of cereals, 21% in spices, while the price of vegetables decreased by 11.7%.
#CPI #inflation #CPIdata
2) Additionally, health services became 6.36% more expensive, and clothing and footwear saw a price hike of 9.08%.
3) The state of Chhattisgarh experienced the lowest inflation among all Indian states, with a rate of 2.87%.
Meanwhile, Telangana had the highest inflation rate of 8.58%.
Meanwhile, Telangana had the highest inflation rate of 8.58%.
Costco April 2020 through at least November 2020 Flour $6.99.
Same Costco same flour March 2021 $7.29. #inflation in action.
@QTRResearch
Same Costco same flour March 2021 $7.29. #inflation in action.
@QTRResearch
Have to get a picture from 2021 next time I remember.
This is April 2020.
This is April 2020.
April 2021 flour price at same Costco now up to $7.29. #Inflation
