US CPI Preview: Forecast a 0.2% headline increase for September – Societe Generale

Analysts at Societe Generale provide a sneak peek at what they expected from Thursday’s US Consumer Price Index (CPI) release.

Key quotes

“We forecast a 0.2% headline CPI increase for September.”

“Our core rate forecast is for 0.5%, but this figure is rounded-up, and our actual calculation is 0.45%. The emphasis on the unrounded number is to declare that we would not be at all surprised by a 0.4% MoM increase but would be surprised if the figure were 0.6% or higher.”