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Analyst CPI Expectations

US OUTLOOK/OPINION
  • [The below table is an excerpt from the MNI US CPI Preview, the full report of which can be found here]
  • With the advantage of having many responses to 2.d.p., it yields a median estimate for core CPI close to the 0.3% M/M from the broader Bloomberg survey although hints at some skew to the upside with an average 0.32% M/M.
  • The latter would be unchanged from the 0.32% M/M in September.
  • The few analysts who provide "supercore" CPI estimates look for some sequential moderation but for still very strong growth rates in October.

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