Data issued moments ago by the Bureau of Labor Statistics in the United States of America showed that the Consumer Price Index (CPI), which measures inflation, declined by 0.1% in December, compared to a growth of about 0.1% in November, to come in line with expectations, while the main index, excluding food and energy prices, rose to 0.3% compared to By 0.2% in September (matching expectations).

On the other hand, the annual index declined over the past 12 months to 6.5% in December from 7.1% in November, also matching successive expectations, while the annual core index declined to 5.7% in December from 6.0%.

In the details of the index, the food index grew by 10.4% on an annual basis, recording an increase of about 0.3% in December, while the energy index declined by 0.4% in December, down by about 7.3% on an annual basis.

The US dollar is declining by more than 0.40%, and is trading at 102.60 levels affected by these numbers, which support the slow pace of monetary tightening from the US Federal Reserve.