CPI Outlook: Economists Expect CPI Data to Beat Expectations Every January

BlockBeats News, February 13th, according to a Reuters survey, the median expectation of the interviewed economists shows that the month-on-month growth rate of the US CPI in January is likely to be 0.3%, similar to December last year. Economists' expected range is between 0.1% and 0.4%. The year-on-year CPI growth rate is expected to be 2.5%, a slight decrease from December's 2.7%. Economists believe this is mainly because last year's higher inflation rate is no longer included in the calculation.

The US Bureau of Labor Statistics will announce recalculated seasonal adjustment factors to reflect price changes in 2025 when releasing the January CPI report. This may result in a revision of the seasonally adjusted CPI index for the past five years. Economists think that the update to the calculation model by the US Bureau of Labor Statistics may not necessarily address the January effect in the CPI data: CPI data tends to exceed expectations every January. (IG)