Goldman Sachs have an above consensus forecast for September US CPI (data due on Thursday)

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Goldman Sachs have an above consensus forecast for September US CPI (data due on Thursday)

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Goldman Sachs discusses its expectations for tomorrow’s US CPI print for the month of September.

  • “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%,” GS notes.
  • “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%,” GS adds.

Earlier:

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