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US CPI data due later Thursday - here is the range of estimates

The PPI released Wednesday was shockingly high:US September PPI +2.2% vs +1.6% expectedThe response in the stockmarket was a shrug:US stocks trading higher despite the higher PPI dataLater today we get the consumer level inflation data:What are the stakes for Thursday's US CPI report?Consensus in the screenshot:The ranges of estimates to take note of are:Headline CPI m/m minimum 0.2% to maximum 0.6%CPI ex Food & Energy y/y 4.0% - 4.2%CPI ex Food & Energy m/m 0.2% - 0.4% This ar... Read More

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Posted: Oct 12 2023, 03:29

Author Name: forexlive

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