US CPI Preview: Core and headline figures seen rising in September – Goldman Sachs

Analysts at Goldman Sachs offer their expectations for Thursday’s US Consumer Price Index (CPI) release for the month of September.

Key quotes

“We expect a 0.41% increase in September core CPI, in line with consensus expectations for a 0.4% increase and corresponding to a 0.2pp increase in the year-over-year rate to 6.50%.”

“We forecast a 0.26% increase in headline CPI in September, a bit above consensus expectations for a 0.2% increase and corresponding to a 0.2pp decline in the year-over-year rate to 8.10%.”