Inflation Surprise Index Shows Unexpected Global Turn Chart Bloomberg John Authers is a senior editor for markets and Bloomberg Opinion columnist A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets” A fresh inflation shock drove major stock indexes Wednesday’s moves came after data showed the consumer-price index rose more than Wall Street expected on both a monthly and annual basis
Watch Three Must See Charts About Inflation Bloomberg Inflation declined by 01% overall from May, according to the Consumer Price index Most notably for shoppers, price increases on things like household goods have cooled dramatically Food UK inflation is expected to pick up for the first a survey of economists by Bloomberg showed on Monday Other data this week is likely to show the labor market loosening, reducing upward The Consumer Price Index (CPI), which tracks inflation, rose 64 percent in 2022 and 31 percent in 2023, and inflation-adjusted hourly earnings have not kept up with the jump In 2022 January’s consumer price index s inflation data may also be what economists call “noise,” representing something outside the overall trend A big part of the inflation surprise was
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