Will June's CPI Inflation Rate Be the Peak?

Jul 12, 2022 1 min read
Will June's CPI Inflation Rate Be the Peak?

June’s CPI will be out tomorrow. Bloomberg is showing consensus estimates of up 1.1% m/m (8.8% y/y) for the headline and 0.6% m/m (5.8% y/y) for the core inflation rates. Both y/y estimates are up from May’s rates of 8.6% and 6.0%.

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