US CPI Preview: Forecasts from 12 major banks, inflation begins to ease

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US CPI Preview: Forecasts from 12 major banks, inflation begins to ease
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US CPI Preview: Forecasts from 12 major banks, inflation begins to ease CPI UnitedStates Inflation Macroeconomics Banks

data for August on Tuesday, September 12 at 12:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of 12 major banks regarding the upcoming US inflation print.

to stay unchanged at 0.3%. On a yearly basis, the CPI figure is expected to have eased to 8.1% in August, from 8.5% printed a month earlier. Meanwhile, the Core CPI is forecast at 6% from 5.9%.“We expect US core CPI to rise by 0.4% MoM in August and headline inflation to be flat for the second straight month with falling energy prices dragging headline down.”“Overall, we expect consumer prices to stagnate in August . The annual inflation rate is thus likely to have fallen to 8.1%.

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