Truflation said in a forecast released on Oct. 9 that U.S. consumer price index inflation for September is expected to rise to 3.6% from 3.4% in August, while annual core inflation is projected to hold at 2.4%. The firm said weaker employment and a slowdown in housing costs are keeping pressure on consumer prices in check. The update was carried by Techub News, which cited Crypto.news. The forecast points to a modest increase in headline CPI compared with the prior month, while core inflation is seen staying unchanged on an annual basis. No additional figures or timeline details were disclosed in the brief.
Truflation said in a forecast released on Oct. 9 that U.S. CPI for September is expected to rise to 3.6% from 3.4% in August, while annual core inflation is seen holding at 2.4%.
The firm said weaker employment and slower housing costs are restraining consumer price pressures. Techub News reported the update, citing Crypto.news.
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