US Data: Highlights of MNI Survey of Economic Forecasts

     WASHINGTON (MNI) - The following are highlights of forecasts for   

upcoming U.S. economic indicators provided by participants in the MNI   

weekly survey. The comment section presents the key elements behind the 

median forecasts.   

Consumer Price Index for July (percent change)                          

 Friday, August 11 at 8:30 a.m. ET                         Actual:      

              Median         Range                   Jul17  Jun17  May17

 CPI           +0.2%     +0.1% to +0.2%                 --   Flat  -0.1%

 CPI Core      +0.2%     +0.1% to +0.2%                 --  +0.1%  +0.1%

     Comments: The CPI is expected to rise 0.2% in July following a flat

reading in June. Analysts expect energy prices to rebound modestly after

another sharp decline in June, as temperatures across the country picked

up to lift electricity usage. Food prices are expected to remain tame   

after a flat June reading. The core CPI is also forecast to rise 0.2%   

following a third straight 0.1% increase in June, but vehicle and       

apparel prices were again cited as drags on the core number that prevent

it from breaking out of its recent trend.                               

--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com

[TOPICS: M$U$$$]