CPI Preview: As Inflation Keeps Cooling, This Is What Wall Street Is Looking For

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by Tyler Durden
Thursday, Jan 12, 2023 - 11:11 AM

We previously showed a CPI-dependent market matrix from both JPMorgan and Goldman, as well as an analysis by Morgan Stanley why tomorrow's CPI print is likely to miss big.  Now, we take a look at what consensus expects.

According to Wall Street economists, tomorrow at 830am, the BLS will report the following data for the month of December:

  • CPI MoM: exp. -0.1%, down from 0.1% in November
  • CPI Core MoM: exp. 0.3%, up from 0.2%
  • CPI YoY: exp. 6.5%, down from 7.1%
  • CPI Core MoM: exp. 5.7%, down from 6.1%