The next CPI report could look better even while inflation risks are getting worse

by

U.S. CORE CPI SEEN COOLING TO 2.4%

Analyst estimates ahead of Friday’s CPI report point to core inflation rising 0.22% month-over-month in August, matching July’s pace.

Core CPI is expected to ease to 2.4% year-over-year, potentially the lowest since early 2021.

Headline CPI is seen accelerating to around 0.39% monthly, largely due to higher energy prices.

Meanwhile, analysts see core PCE at 0.22%, suggesting underlying inflation pressures remain relatively contained.

0 views