The US Bureau of Labor Statistics (BLS) will release the most important inflation measure, the US Consumer Price Index (CPI) figures, on Wednesday, April 12 at 12:30 GMT. As we get closer to the release time, here are the forecasts by the economists and researchers of 10 major banks regarding the upcoming United States inflation print for the month of March.
The annual inflation is expected to have risen by 5.2% year-on-year after increasing by 6% in February. The core reading, however, is foreseen at 5.6%, up from 5.5% previously. On a monthly basis, the CPI is forecast at 0.3%, while the Core CPI is expected at 0.4%.
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