What will be the value of the US Consumer Price Index (CPI) for electricity in November 2023?
Closing Dec 01, 2023 08:01AM UTC
US electricity prices jumped as global natural gas supplies were heavily impacted by Russia's invasion of Ukraine, but they have begun to fall in early 2023 (CBS News, USA Today, Investopedia). The question will be suspended on 30 November 2023 and the outcome determined using seasonally adjusted Bureau of Labor Statistics data as first reported by the Federal Reserve Economic Database (FRED), expected in December 2023 (FRED, BLS). As of the launch of this question, the value of the CPI for electricity in March 2023 was 267.897.
Confused? Check our FAQ or ask us for help. To learn more about Good Judgment and Superforecasting, click here.
To learn more about how you can become a Superforecaster, see here. For other posts from our Insights blog, click here.
| Possible Answer | Crowd Forecast | Change in last 24 hours | Change in last week | Change in last month |
|---|---|---|---|---|
| Less than 220.000 | 0.00% | +0.00% | -0.50% | -0.60% |
| Between 220.000 and 235.000, inclusive | 0.00% | +0.00% | -1.00% | -1.50% |
| More than 235.000 but less than 250.000 | 3.60% | +0.00% | -0.50% | -5.40% |
| Between 250.000 and 265.000, inclusive | 49.00% | -10.60% | -12.30% | -17.50% |
| More than 265.000 but less than 280.000 | 45.40% | +9.90% | +14.10% | +25.60% |
| 280.000 or more | 2.00% | +0.70% | +0.20% | -0.60% |