Consumer Price Index Forecast For Feb 2024. In the 12 months through may, the pce price index increased 2.6% after advancing 2.7% in april. The central bank will get more updates on inflation at the consumer level on thursday.
The indices for the months of february, 2024, march, 2024 and april, 2024 are being released in this press release. On the basis of these inflation forecasts, average consumer price inflation should be 3.2% in 2024 and 2.0% in 2025, compared to 4.06% in 2023 and 9.59% in 2022.
There Was A Varied Pattern Observed In The Indices Of Constituent States.
Wall street expects the latest government report to show inflation easing to 3.1% in june from 3.3% in may.
The Monthly Cpi Indicator Rose 3.4% In The 12 Months To February.
The bureau of labor statistics’ report on the consumer price index due thursday is expected to show that the widely watched measure of inflation rose 3.1% over the year, down from a 3.3% annual.
Consumer Price Index Forecast For Feb 2024 Images References :
The National Statistical Office (Nso), Ministry Of Statistics And Programme Implementation (Mospi) Is Releasing All India Consumer Price Index (Cpi) On Base 2012=100 And Corresponding Consumer Food Price Index (Cfpi) For Rural (R), Urban (U) And Combined (C) For The Month Of March 2024 (Provisional) In This Press Note.
The indices for the months of february, 2024, march, 2024 and april, 2024 are being released in this press release.
It Measures Changes In The Average Level Of Prices Over A Period Of Time.
Economists polled by reuters had forecast the pce price index unchanged on the month and rising 2.6%.