CPI (consumer price index)
The consumer price index, the main inflation measure that drives central banks' rate decisions. It's tracked under two headings: headline and core (excluding food and energy).
CPI above expectations → expectations of higher rates for longer → the dollar strengthens, indices and gold come under pressure (a tendency, not a rule). The market often focuses on core and the monthly change more than on the headline.
US CPI is usually released mid-month at 15:30 Turkey time (UTC+3); Turkey's figure from TÜİK (the Turkish Statistical Institute) comes out on the 3rd of the month at 10:00.
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