Our AI-Generated CPI Forecasts: June 2024
By Big Data Federation, Inc.
June 2024 US CPI numbers will be issued tomorrow.
OdinUltra is forecasting:
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Headline Inflation to be 3.08% YoY (+/- 0.20%) for June 2024, a decrease compared to last month.
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Core inflation to be 3.48% YoY (+/- 0.14%) for June 2024, an increase 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 0.23% YoY
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Food to be 2.21% YoY
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Rent of Shelter to be 5.38% YoY
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Medical Care Services to be 3.31% YoY
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Transportation Services to be 10.27% YoY
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Transportation Commodities to be -4.42% 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.
Published by Big Data Federation · All insights · Subscribe to Insights