US CPI June 2023 (Release date 12 July 2023)

Peter Tchir, an investor, shares his predictions for the CPI readings and his expectations for July 12, 2023, and the coming months. He anticipates an annual inflation increase of 3.1% and a monthly rise of 0.3% in June 2023.

Furthermore, Tchir prepares for inflation rates ranging from 3% to 5% over the next six months to two years.

The expected 3.1% rise in consumer prices would represent the lowest annual increase since March 2021.

The Consumer Price Index (CPI) data for June 2023 is scheduled to be released at 12:30 GMT, which corresponds to 8:30 am US Eastern time.

Let’s wait for the result, the winter for investor is seem to be over. :smiley:

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What is a good official new, inflation in the US took a leisurely stroll at 3% last month, a significant slowdown compared to the energy-fueled surge of 9.1% in June last year.

The market to day is reacted in sideway, yet we could wait for the pump in July. :smiley: