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🎈🇺🇸 Economic Surprise: U.S. Inflation Rate

U.S. July 2022 CPI:

  • Median Headline: 8.7%, Core: 6.1%

  • Prev. Headline: 9.1%, Core: 5.9%

  • Headline inflation has beat forecast for four straights months into the June release

  • Data surprises have been above one standard deviations for the last three releases

  • The one year std-dev in headline data surprises stands at 0.16%. With the consensus expecting a 8.7%, 1+std is 8.9%, 1-std is 8.6%




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