Data released moments before by the Bureau of Labor Statistics in the United States showed that the CPI, which measures inflation, rose by 0.6% in January, after rising by about 0.4% in December, to come in better than expectations that indicated a rise to 0.4%, while the core index excluding it rose Food and energy prices to 0.6%, which is also better than expectations, which indicated a rise to 0.5%.

On the other hand, the annual index rose over the past 12 months to 7.5% from 7% in December, at its highest pace since 1981, better than expectations that indicated a rise to 7.3%, while the annual core index rose to 6% from 5.5% (expectations of 5.6%).

. In the details of the index, the food index recorded a growth of 7% on an annual basis and an increase of about 0.9% in January, while the energy index rose by 0.9% in January and rose by about 27% on an annual basis.

The US dollar recorded strong gains after the statement by more than 0.30% and is trading at 95.85 levels, benefiting from the positive data as we mentioned in the morning report.