Our AI-Generated CPI Forecasts: Jan 2024
By Big Data Federation, Inc.
January 2024 US CPI numbers will be issued tomorrow.
OdinUltra is forecasting:
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Headline Inflation to be 2.64% YoY (+/- 0.14%) for January 2024, a decrease compared to last month due to falling energy and food prices.
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Core inflation to be 3.55% YoY (+/- 0.16%) for January 2024, 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 -6.72% YoY
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Food to be 2.20% YoY
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Rent of Shelter to be 5.87% YoY
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Medical Care Services to be -0.34% YoY
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Transportation Services to be 9.07% YoY
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Transportation Commodities to be -0.30% 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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