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Consumer Price Index:Historical Releases/2023 September: Difference between revisions
Consumer Price Index:Historical Releases/2023 September (view source)
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== Summary == | |||
* Consumer price index(CPI) rose 0.4% in September, exceeding 0.3% estimate but below 0.6% growth in August. | |||
* Year-over-year, CPI was unchanged from August’s 3.7%, but above 3.6% estimate. | |||
* Core CPI rose 0.3% in September, unchanged from August and in-line with estimate. | |||
* Year-over-year, core CPI grew by 4.1%, in-line with estimate and below 4.3% in August. | |||
* Shelter contributed to most of the growth in CPI, having risen 0.6% on the month and 7.2% year-over-year. | |||
* Energy was also one of the main factors behind the inflation increase in September, having risen 1.5%. | |||
* Supercore services 2 rose 0.6% in September versus 0.4% in August. | |||
== CPI expectations == | == CPI expectations == | ||
Forecasts expect the September CPI to show the headline index rose 0.3% m/m, mantaining the 12-month rate to 3.6% from 3.7% in august. They see core CPI up 0.3%, same as last month, and brining y/y to 4.1% from 4.3 in August. | Forecasts expect the September CPI to show the headline index rose 0.3% m/m, mantaining the 12-month rate to 3.6% from 3.7% in august. They see core CPI up 0.3%, same as last month, and brining y/y to 4.1% from 4.3 in August. | ||