January consumer inflation expected to rise by 7.2%, the highest since 1982

(CNBC) Economists are expecting another hot inflation report, with the headline consumer price index running at a 7.2% pace in January. CPI is reported Thursday at 8:30 a.m. ET and is expected to show an increase of 0.4%, a slower monthly increase than December, which had a revised headline gain of 0.6%. The year-over-year forecast of 7.2% is the highest since 1982 and is up from 7% in December.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.