January 2024 Cpi Forecast. The consumer price index (cpi), which has been declining since january, was 4.83% in april 2024 and 4.31% in may 2023, the previous low. Food inflation stood at 8.69% in may, slightly down from 8.
Economists had forecast the overall cpi reading to show an increase of 2.9% on an annual basis in january, and for core cpi to rise 3.7%. The consumer price index rose by more than forecast across the board in january — on a monthly and annual basis — as did the core measures, which strip out food and energy costs.
The Inflation Rate In The Past 12 Months Would Decelerate To 2.9%.
Et on tuesday, february 13.
Annual Core Cpi Inflation Is Expected To Edge Lower To 3.7% In January.
The us consumer price index is set to rise 2.9% yoy in january, down from december’s 3.4% increase.
January 2024 Cpi Forecast Images References :
The Us Bureau Of Labor Statistics (Bls) Will Release The Most Important Inflation Measure, The Us Consumer Price Index (Cpi) Figures, On Thursday, January 11 At 13:30 Gmt.
Inflation forecast is measured in terms of the consumer price index (cpi) or harmonised index of consumer prices (hicp) for euro area countries, the euro area aggregate and the united kingdom.
Annual Core Cpi Inflation Is Expected To Edge Lower To 3.7% In January.
The federal reserve bank of cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (pce) and the consumer price index (cpi).