🧮 Economic Estimates: U.S. August CPI

• Median Forecast: 8.10%

• Prior: 8.5%

• Forecast Range: 7.90% - 8.30%

• 1st Ranking: 8.0% (TD Securities)

• Headline CPI Surprise Standard Deviation 1Yr: 0.16

• Headline CPI Surprise Average 1Yr: 0.12%

• Bloomberg Composite Forecast U.S. CPI: 3Q22 8.2%, 4Q22 7.2%

Forecasts

Crédit Agricole: 8.1%

Wells Fargo: 7.9%

Morgan Stanley: 7.9%

BofA: 8.2%

Credit Suisse: 7.9%

Citi: 8.0%