Deutsche Bank forecasts softer headline US CPI, but core inflation to pick up

The US data is due on Wednesday, February 12, 2025 for CPI and Thursday for PPI.

• both at 8.30 am US Eastern time (0130 GMT)

Deutsche Bank forecasts softer headline CPI, but core inflation to pick up

• Deutsche Bank economists expect U.S. consumer price growth to slow in January, with headline CPI rising 0.22% month-over-month, down from 0.4% in December.
• However, they anticipate core CPI, which excludes food and energy, to accelerate to 0.28% from 0.2% in the previous month, signaling persistent underlying inflation pressures.

• Meanwhile, the Producer Price Index (PPI) report, set for release on Thursday, is expected to show monthly price growth holding steady at 0.2%, according to the bank’s forecast.

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