WHAT IS CPI DATA??

Many people ask what CPI data is, so today I'll explain it to clear up any confusion. CPI stands for Consumer Price Index. It shows data released every month on a website called Forex Factory. The impact on the market depends on the CPI data. If CPI data increases compared to previous data, it means inflation is rising, which has a negative impact on the market. However, if it comes in lower than the previous data, it indicates that inflation is under control, and this has a positive impact on the market.

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