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Okay, so you've got the **US CPI news**, the data is out, and now what? How do you actually *interpret* it? The first thing to look at is the overall percentage change in the CPI compared to the previous month and the same month a year ago. A positive percentage change indicates inflation, while a negative change indicates deflation. The higher the percentage, the faster prices are rising. You'll typically see the headline CPI number, which includes all items in the basket, as well as a
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