UPDATE: August CPI came right in line with economists’ expectations at 0.6 per cent month-over-month.Ex-food and energy, the reading came in slightly lower than expectations at 0.1 per cent month-over-month (versus 0.2 per cent expected).
Year-over-year, CPI matched economists’ expectations with a 1.7 per cent rise, and ex-food and energy came in at 1.9 per cent year-over-year, slightly lower than expectations of 2.0 per cent.
Economists predict a 0.6 per cent increase in the Consumer Price Index in August from the previous month.
Ex-food and energy, economists expect a 0.2 per cent increase month-over-month.
Year-over-year, expectations are for a 1.7 per cent increase in the headline number and a 2.0 per cent increase in the ex-food and energy reading.
We will have the number here LIVE at Money Game at 8:30 AM ET >
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