January 2016 US CPI 1.4% vs 1.3% exp y/y

Details from the January 2016 US CPI inflation data report 19 February 2016

• Prior 0.7%
• 0.0% vs -0.1% exp m/m. Prior -0.1%
• Core CPI 2.2% vs 2.1% exp y/y. Prior 2.1%
• +0.3% vs +0.2% exp m/m. Prior +0.2%
• Real weekly earnings 0.7% vs +0.1% prior m/m
• 1.2% vs 1.6% prior. Revised to 1.7%

The core number and wages take centre stage here. The rise in the headline will also keep the Fed hawks happy.

US CPI details