Return to: Consumer Price Index | Historical Releases | Consumer Price Index:Historical Releases/2024 November

Full Report: https://www.bls.gov/news.release/archives/cpi_01152025.htm

Publishing date: January 15, 2025

CPI expectations

Some developments during the month: (more details: Consumer Price Index)

Range:

  • CPI: 2.7% - 3.0%
  • Core CPI: 3.2% - 3.4%
Escenario Market reaction Probability by Magaly
CPI below 2.8% 2%+ rally 5%
CPI at 2.8% 1.5% Rally 15%
CPI in line with expectations Flat 50%
CPI at 3.0% 2% drop 25%
CPI above 3.0% 3% drop 5%

Consensus forecast

Variable Forecast Previous
Core CPI (MoM) 0.26% 0.3%
Core CPI (YoY) 3.3% 3.3%
CPI (MoM) 0.38% 0.3%
CPI (YoY) 2.9% 2.7%

FED Cleveland Forecast

[1] YoY Change MoM Change
Month CPI Core CPI CPI Core CPI
December 2024 2.86 3.28 0.38 0.27
January 2025 2.79 3.18 0.21 0.27

Institutions Forecasts

References