Institutions Forecast U.S. April CPI at +0.6%, Core CPI at +0.3%–+0.4%

According to institutions surveyed by Jin Shi, most forecasters expect U.S. April seasonally adjusted CPI month-over-month rate at +0.6%, down from +0.9% in March. Predictions range from +0.4% to +0.9%, with the consensus leaning toward +0.6%.

For April core CPI month-over-month rate, the majority of institutions forecast +0.3% to +0.4%, compared to +0.2% in March. Estimates range from +0.3% to +0.5%.