Coming up soon - CPI data for June - here the ranges to watch

US consumer inflation data:for June 2024due at 1230 GMT, which is 0830 US Eastern timeWhat to expect? This snapshot is from the ForexLive economic data calendar, access it here.Taking a look at the range of expectations compared to the median consensus (the 'expected' in the screenshot above) for the key data points: June CPI Headline y/y range of estimates showing: 3.0% to 3.3% June CPI Headline m/m range of estimates showing: 0.0 to 0.2% June CPI excluding food and energy (the core rate of inflation) y/y range of estimates showing: 3.3 to 3.5% June CPI excluding food and energy (the core rate of inflation) m/m range of estimates showing: 0.1 to 0.3%***Why is knowledge of such ranges important? Check out the longer version of this post I popped up back during Asia time, link here. This article was written by Eamonn Sheridan at www.forexlive.com.

Jul 11, 2024 - 18:05
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Coming up soon - CPI data for June - here the ranges to watch

US consumer inflation data:

  • for June 2024
  • due at 1230 GMT, which is 0830 US Eastern time

What to expect? This snapshot is from the ForexLive economic data calendar, access it here.

Taking a look at the range of expectations compared to the median consensus (the 'expected' in the screenshot above) for the key data points:

June CPI Headline y/y range of estimates showing:

  • 3.0% to 3.3%

June CPI Headline m/m range of estimates showing:

  • 0.0 to 0.2%

June CPI excluding food and energy (the core rate of inflation) y/y range of estimates showing:

  • 3.3 to 3.5%

June CPI excluding food and energy (the core rate of inflation) m/m range of estimates showing:

  • 0.1 to 0.3%

***

Why is knowledge of such ranges important? Check out the longer version of this post I popped up back during Asia time, link here. This article was written by Eamonn Sheridan at www.forexlive.com.

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