zentek asks:
What will be the 12-month percentage change in the US Consumer Price Index (CPI) for December 2023?
Closed Jan 01, 2024 08:01AM UTC
Inflation in the US is expected to cool in 2023 versus 2022, with some discussing the potential for deflation (Morningstar, CBS News, CNBC, Investopedia). The question will be suspended on 31 December 2023 and the outcome determined using the 12-month percentage change for December 2023 as first released by the Bureau of Labor Statistics (BLS) for "All items," expected in January 2024 (BLS). For December 2021, the change was 7.0%.
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The question closed "Up by between 3.0% and 4.5%, inclusive" with a closing date of 1 January 2024.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Down by more than 0.0% | 4% | |
| Up by between 0.0% and 1.5%, inclusive | 2% | |
| Up by more than 1.5% but less than 3.0% | 13% | |
| Up by between 3.0% and 4.5%, inclusive | 78% | |
| Up by more than 4.5% but less than 6.0% | 3% | |
| Up by 6.0% or more | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 69 |
| Average for questions older than 6 months: 185 | |
| Number of Forecasts | 502 |
| Average for questions older than 6 months: 537 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
