What will be the value of the US Consumer Price Index (CPI) for utility natural gas service in November 2023?
Closed Dec 01, 2023 08:01AM UTC
Natural gas prices around the world have begun to recede from the record highs reached after Russia's invasion of Ukraine, with prices in the US collapsing (CBS News, FRED - Global price of Natural gas, EU, US News & World Report, Yahoo Finance). 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 "utility (piped) gas service" in March 2023 was 241.144.
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.
The question closed "More than 220.000 but less than 240.000" with a closing date of 1 December 2023.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than 160.000 | 0% | |
| Between 160.000 and 180.000, inclusive | 0% | |
| More than 180.000 but less than 200.000 | 1% | |
| Between 200.000 and 220.000, inclusive | 32% | |
| More than 220.000 but less than 240.000 | 61% | |
| 240.000 or more | 6% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 22 |
| Average for questions older than 6 months: 206 | |
| Number of Forecasts | 177 |
| Average for questions older than 6 months: 586 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
