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Preview: US CPI to be released tomorrow. What to expect?
The CPI release for tomorrow is expected to show elevated consumer prices, consistent with levels seen in March. Here are the forecasts:CPI (YoY): +5.0% expected, matching March's +5.0%CPI (MoM): +0.4% expected, up from March's 0.1%Core CPI (YoY): +5.5% expected, slightly lower than March's +5.6%Core CPI (MoM): +0.4% expected, same as March's +0.4%One year ago, the CPI rose by 0.4% in April. That gain will be replaced by the 0.4% this year. In April of last year, the core CPI increased by 0.5% (...
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Posted: May 9 2023, 19:50
Author Name: forexlive
Views: 110559