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progree

(12,975 posts)
Mon Sep 12, 2022, 05:48 PM Sep 2022

Core CPI: Predicted: August over July: +0.3%, same as July over June - per MarketWatch

https://www.marketwatch.com/economy-politics/calendar

The median forecasts in this calendar come from surveys of economists conducted by Dow Jones Newswires and The Wall Street Journal.


Core CPI is the CPI without food and energy, which are the more volatile components. So that's not bad, a 3.6% annualized rate for 2 months in a row, if August turns out to be +0.3% m/m.

As for food, that was still running hot in July: +1.3% over June, and +11.9% over July 2021.
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