US August CPI and Core CPI Forecasts Cluster Around 3.4% and 2.4%

According to Jin10, institutions broadly expect the U.S. August seasonally unadjusted CPI annual rate to come in around 3.3% to 3.5%, with most forecasts centered at 3.4%, while the August seasonally unadjusted core CPI annual rate is mostly seen at 2.3% to 2.5%, with many forecasts at 2.4%.