US December monthly CPI revised to 0.2% from 0.3%

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US December monthly CPI revised to 0.2% from 0.3%

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    The US Bureau of Labor Statistics (BLS) reported on Friday that it revised the monthly Consumer Price Index (CPI) increase for December lower to 0.2% from 0.3%. The Core CPI was unrevised at 0.3% for the same period.

    November’s CPI increase was revised higher to 0.2% from 0.1%, while the October’s 0.1% increase was left unchanged.

    The BLS noted that CPI revisions reflect the new seasonal adjustment factors.

    The US Dollar Index edged slightly lower with the immediate reaction and was last seen losing 0.1% on the day at 104.07.

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