Our AI-Generated CPI Forecasts: Dec 2023
By Big Data Federation, Inc.
December 2023 US CPI numbers will be issued tomorrow.
OdinUltra is forecasting:
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Headline Inflation to be 3.29% YoY (+/- 0.15%) for December 2023, an increase compared to last month due to rising energy prices.
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Core inflation to be 3.89% YoY (+/- 0.16%) for December 2023, a decrease compared to last month.
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Leveraging our high-frequency data, we model individual components of CPI in addition to the overall headline and core index.
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Energy to be -2.87% YoY
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Food to be 2.89% YoY
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Rent of Shelter to be 6.14% YoY
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Medical Care Services to be -0.88% YoY
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Transportation Services to be 10.57% YoY
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Transportation Commodities to be -0.35% YoY
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Clients can access the above information live daily via the Macro Forecasts screen.
To learn more, you may request a trial at OdinUltra.
About OdinUltra
OdinUltra is a cutting-edge no-code specialized AI platform, designed to cater to a wide array of professionals in the asset management industry. It is a battle-tested specialized partner that empowers users including discretionary, quantitative, multi-asset, and multi-strategy managers to harness the immense potential of big data and sophisticated investment techniques. From idea exploration and construction to verification and deployment, OdinUltra is an all-encompassing tool. Asset managers can enhance existing products and rapidly develop new ones, securing a competitive edge in the dynamic world of asset management.
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