US CPI and Retail Sales data due imminently – here are the ranges of estimates to note

I posted all the info during the Asian session:

• US CPI due Wednesday. Here are the ranges of estimates (& why they’re crucial to know).

If you don’t want to click, here is the TL;DR version of the ranges of estimates, for the consensus check the screenshot below.

For inflation:

• Headline CPI 0.2 % to 0.5 % m/m
• Headline CPI 3.3 % to 3.5 % y/y
• Ex-Food & Energy 0.2 % to 0.4 % m/m
• Ex-Food & Energy 3.5 % to 3.8 % y/y

And, while we’re at it:

• Retail Sales 0.0 % to 0.7 % m/m
• Retail Sales control group -0.4% to 0.5%

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