CPI data release: When and what to expect
The Bureau of Labor Statistics (BLS) will release the Consumer Price Index (CPI) data for [month and year] on [date].
The CPI is a key indicator of inflation and measures the changes in prices for a basket of goods and services purchased by consumers. The data is used by economists, businesses, and governments to track inflation and make economic decisions.
Here is what to expect from the upcoming CPI data release:
- The headline CPI is expected to rise by [percentage] year-over-year in [month and year], which would be a slight increase from the [percentage] increase in the previous month.
- The core CPI, which excludes food and energy prices, is expected to rise by [percentage] year-over-year in [month and year], which would be a slight decrease from the [percentage] increase in the previous month.
- The CPI data will be closely watched by the Federal Reserve, which is expected to raise interest rates again in [month and year] in an effort to combat inflation.
Stay tuned for the release of the CPI data on [date] for the latest insights into inflation and the economy.
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