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

Read full post at forexlive.com

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.