Quick Poll on U.S. CPI (Aug 2022)
Hello Mooers,
Welcome back!
Here are the U.S. CPI values for the past 5 months.
Mar 2022: 8.5%
Apr 2022: 8.3%
May 2022: 8.6%
Jun 2022: 9.1%
Jul 2022: 8.5%
Here are the U.S. CPI values for the past 5 months.
Mar 2022: 8.5%
Apr 2022: 8.3%
May 2022: 8.6%
Jun 2022: 9.1%
Jul 2022: 8.5%
So, what value do you think that Aug 2022 CPI will be?
(You may choose more than 1.)
(You may choose more than 1.)
(* The U.S. CPI data are scheduled to be released on September 13, 2022, at 8:30 A.M. EST.)
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Wilson100 : Oil prices, energies prices are coming down rapidly. CPI inflation were elevated mainly due to oil. Most probably gonna be at 7.5% range next week.
Mars MoooOP Wilson100:
bwjx Wilson100: Core cpi is still elevated if you look at food, rental and utility. But I think short covering rally will probably end soon.
Mars MoooOP Wilson100: No wonder almost everyone is spending more money to buy more stuff.
Mars MoooOP bwjx: I agree, the food just keeps on increasing in price, maybe it could be due to the war in Eastern Europe?