Consumer Price Index (CPI)
What it is
The Consumer Price Index measures the change in the price of a basket of goods and services purchased by households. It is the most widely used gauge of consumer inflation.
Why it moves the market
Inflation is the primary driver of interest-rate policy; a hotter-than-expected CPI raises rate-hike odds and typically strengthens the currency.
Next release
EUR · Friday, July 17 · 09:00 · Forecast: 103.07
Recent releases
| Time | Cur | Actual | Forecast | Previous |
|---|---|---|---|---|
| Jul 14, 2026 | USD | – | – | 333.979 |
| Jul 14, 2026 | USD | – | – | 335.12 |
| Jul 3, 2026 | GBP | 3.3% | – | 3.7% |
FAQ
What is Consumer Price Index (CPI)?
The Consumer Price Index measures the change in the price of a basket of goods and services purchased by households. It is the most widely used gauge of consumer inflation.
Why does Consumer Price Index (CPI) move the market?
Inflation is the primary driver of interest-rate policy; a hotter-than-expected CPI raises rate-hike odds and typically strengthens the currency.
Which currency pairs does Consumer Price Index (CPI) affect most?
It most affects EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD.