🎯 What is CPI data? Let's clear up the confusion! 🎯

Have you ever wondered what CPI data is and why it's so important? 🤔 CPI stands for Consumer Price Index, an important economic indicator released monthly. It measures the average change in prices over time that consumers pay for a basket of goods and services. But why should you care?

Here are the details:

- CPI increases 📈 = Inflation increases, which usually puts pressure on the market, leading to a negative reaction.

- CPI decreases 📉 = Inflation is under control, which is a good sign for the market, leading to positive momentum.

CPI data is a key factor in the financial world, affecting everything from your investments to the entire economy. Follow this data monthly on platforms like Forex Factory and stay one step ahead!

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