not satisfactory:
not bad: yet, slightly, yet again; strong: excited. It is barely satisfying. It is about what a person does barely meets other people's requirements, which is quite satisfactory.
On Wednesday (March 15), the US Bureau of Labor Statistics (BLS) released February PPI and the Census Bureau released retail sales called "terrorist data" both met expectations. The US dollar index rose by more than 10 points in the short term to 101.60.
(USD index 5-minute chart Source: Investing.com)
US CPI increased to a 5-year high year-on-year
Bureau of Labor Statistics released the February CPI data as follows:
US February seasonally adjusted CPI monthly rate +0.1%, predicted value 0%, previous value 0.6%
US February unseasonally adjusted CPI 243.6, predicted value 243.28, previous value 242.839
US February core CPI monthly rate 0.2%, predicted value 0.2%, previous value 0.3%
US February unseasonally adjusted CPI annual rate 2.7%, predicted value 2.7%, previous value 2.5%
The United States did not adjust the core CPI annual rate in February was 2.2%, the forecast value was 2.2%, the previous value was 2.3%
Reuters commented on the United States' February CPI data: The United States' CPI rose slightly in February, mainly due to the largest decline in gasoline costs in seven months, but the potential price trend is consistent with the rising inflation momentum. The U.S. unseasonally adjusted CPI rose 2.7% in February, the biggest increase since March 2012. Data shows that a solid inflation trend will deliver "ammunition" to the Federal Reserve's interest rate hikes.
, which was also announced, the average real income in the United States in February fell by 0.3% year-on-year.
Retail sales rose by 0.1% month-on-month
Conforming to expectations
Retail sales data for February are as follows:
US February retail sales monthly rate 0.1%, predicted value 0.1%, previous value 0.6%
US February core retail sales monthly rate 0.2%, predicted value 0.1%, previous value 1.2%
US retail sales in February were $474 billion, the previous value was $472.14 billion
US core retail sales in February $376.3 billion
Reuters commented on US retail sales data: US retail sales monthly rate recorded its smallest increase in six months in February as US households cut motor vehicle purchases and discretionary spending, the latest sign that the U.S. economy lost further momentum in the first quarter of 2017.
