US CPI data due imminently. The ranges of estimates (& why they’re crucial to know)

Due at 8.30 am US Eastern time (1330 GMT):

For the full information on this post, why knowing the ranges is important etc, see this I posted earlier during the Asian session:

• US December CPI data due Wednesday, ranges of estimates (& why they’re crucial to know)
• Distribution of forecasts for the US CPI report

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But, if you just want the numbers …

CPI Headline y/y range of estimates:

• 2.4 – 3.0%

CPI Headline m/m:

• 0.2 to 0.5%

CPI excluding food and energy (the core rate of inflation) y/y:

• 3.1 – 3.3%

CPI excluding food and energy (the core rate of inflation) m/m expected 0.3% with the range showing:

• 0.2 to 0.3%

This article was written by Eamonn Sheridan at www.forexlive.com.