Details of the December 2016 US CPI data report 18 January 2017
– Core 2.2% vs 2.2% exp y/y. Prior 2.1%
– 0.2% vs 0.2% exp m/m. Prior 0.2%
– Real average weekly earnings 0.2% vs 0.5% prior y/y
Inflation pretty much as expected so the dollar move is largely negligible. If anything, the wages make it a soft-ish report.