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Inflation MoM (USD)

Month-over-month change in the consumer price index, measuring short-term inflationary momentum.

Latest reading: 0.2 (2016-05-31)  ·  %MoM

Category: Economy

API Endpoint

/api/v1/announcements/usd/inflation_mom

Use the production OpenAPI schema for the authoritative REST route metadata.

https://fxmacrodata.com/api/openapi.json

Browse the full endpoint reference

Compare Inflation MoM across all supported currencies →

About Inflation MoM (USD)

The month-on-month CPI change for United States isolates price momentum in a single calendar month, stripping away base effects that can distort the year-on-year figure. It is released alongside the headline year-on-year CPI by the national statistics agency.

Why FX traders watch it

Month-on-month CPI provides an early read on whether inflationary pressure is building or easing in real time. The Federal Reserve watches sequential monthly prints closely when deciding whether annual inflation is on a sustained trajectory toward target.

How to interpret the data

A positive monthly print above expectations signals re-acceleration of inflation and is usd-supportive. A negative or flat reading suggests softening and may shift rate-path expectations to the dovish side.

Historical Inflation MoM (USD)

Source: FRED (BEA/BLS/Fed)  ·  Monthly  ·  %MoM

Data provided by FXMacroData via the /api/v1/announcements/usd/inflation_mom endpoint. For access, see pricing.

Data Source

Primary Source

FRED (BEA/BLS/Fed)

Official Series ID

CPIAUCSL

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

%MoM

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format. 

{
    "currency": "USD",
    "indicator": "inflation_mom",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Inflation MoM data for USD from 2023: 

GET https://fxmacrodata.com/api/v1/announcements/usd/inflation_mom?start_date=2023-01-01&end_date=2023-12-31

Frequently Asked Questions

Why use month-on-month CPI instead of year-on-year?
Year-on-year figures contain base effects from the same month the previous year. Month-on-month removes that distortion, making it easier to identify turning points in inflation momentum.