| Economic Event | Core CPI |
| Units | Percentage Change from Previous Period |
| Current Period | Nov 2009 |
| Release Date | Dec. 16. 09 |
| Reported | 0 |
| Consensus for Current Period | 0.1 |
| Number of Forecasts | 44 |
| Economic Surprise | -0.1 ( -100.00 % ) |
| Prior Period | Oct 2009 |
| Reported Value for Prior Period | 0.2 |
| Revised From | |
| Next Release Date | Jan. 15. 10 |
| Next Release Time | 8:30 AM Eastern Time |
| Source | http://stats.bls.gov/news.release/pdf/cpi.pdf |
| Note | |
| Description | Core Consumer Price Index- CPI is one of the most widely recognized price measures for tracking the price of a market basket of goods and services purchased by individuals. The weights of the components are based on consumer spending patterns. The CPI covers both goods and services. Here it differs from the Producer Price Index which covers just goods. The other difference between the two indexes is that the CPI covers cost facing consumers, while PPI covers purchases and/or wholesalers. The core CPI is the CPI less food and energy. Empirical work has shown that significant surprises in the CPI are correlated with stock price movements. |