Our AI-Generated CPI Forecasts: December 2024
By Big Data Federation, Inc.
December 2024 US CPI numbers will be issued tomorrow.
OdinUltra is forecasting:
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Headline inflation to be 2.90% YoY (+/- 0.20%) for December 2024, an increase compared to last month.
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Core inflation to be 3.35% YoY (+/- 0.16%) for December 2024, flat-ish 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 -2.05% YoY
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Food to be 2.49% YoY
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Rent of Shelter to be 4.82% YoY
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Medical Care Services to be 3.60% YoY
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Transportation Services to be 6.12% YoY
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Transportation Commodities to be -1.32% 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.
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