The U.S. Department of Labor is scheduled to release August Consumer Price Index, or CPI, data at 20:30 Beijing time on Sept. 11, according to BlockBeats. The release will include August headline CPI year-over-year on an unadjusted basis, headline CPI month-over-month on a seasonally adjusted basis, as well as seasonally adjusted core CPI month-over-month and unadjusted core CPI year-over-year readings. For the headline figures already cited, the prior reading for unadjusted August CPI year-over-year was 3.40%, with the consensus expectation also at 3.40%. The prior reading for seasonally adjusted CPI month-over-month was 0.4%, while the market expectation stands at 0.1%. BlockBeats said the data release could trigger market volatility once published, as traders across crypto and broader risk assets watch the inflation print closely.
BlockBeats reported on Sept. 11 that the U.S. Department of Labor will release U.S. August CPI data at 20:30 Beijing time today.
The release will include August unadjusted CPI year-over-year, seasonally adjusted CPI month-over-month, as well as August seasonally adjusted core CPI month-over-month and unadjusted core CPI year-over-year.
Among the figures cited, unadjusted August CPI year-over-year previously came in at 3.40%, with expectations also at 3.40%. Seasonally adjusted CPI month-over-month previously stood at 0.4%, while the forecast is 0.1%. The release could trigger market volatility.
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