US Bureau of Labor Statistics to Release September CPI Data

The United States Bureau of Labor Statistics is scheduled to release the September Consumer Price Index inflation data on October 14th. Market consensus expects a month-over-month increase of 0.2% for Core CPI, which would represent a slight decrease from the 0.3% increase recorded in August.

Economic indicators currently provide conflicting signals regarding the inflation trend. Some soft data surveys suggest that inflation surged in September to levels comparable to those seen in 2022. However, hard data has not yet fully corroborated this surge, even as other measures, such as super-core PCE, remain elevated and continue to rise.