Please limit all discussions of the US May, 2023 CPI release to this thread.
The CPI release is embargoed until 8:30am ET and can be found here when released:
Latest CPI release: Consumer Price Index Summary - Results (bls.gov)
Latest CPI data tables: Consumer Price Index - Results (bls.gov)
Expectations are as follows:
CPI M/M
- Previous: 0.4%
- Expected: 0.2%
- Consensus range: 0.0%-0.3%
CPI Y/Y
- Previous: 4.9%
- Expected: 4.1%
- Consensus range: 4.0%-4.3%
Core CPI - Ex-Food & Energy M/M
- Previous: 0.4%
- Expected: 0.4%
- Consensus range: 0.1%-0.4%
Core CPI - Ex-Food & Energy Y/Y
- Previous: 5.5%
- Expected: 5.3%
- Consensus range: 5.2-5.4%
Information about the CPI can be found at the Bureau of Labor Statistics here: CPI Home : U.S. Bureau of Labor Statistics (bls.gov)
Note that consensus range estimates are based on surveys and averaged from a range and may vary depending on source of survey.
Note that starting with January 2023, the BLS plans to update weights annually for the Consumer Price Index based on a single calendar year of data, using consumer expenditure data from 2021. This reflects a change from prior practice of updating weights biennially using two years of expenditure data.
Submitted June 13, 2023 at 07:03AM by AutoModerator https://ift.tt/PJtf9xb
