What will be the 12-month percentage change in the US Consumer Price Index (CPI) for June 2024?
Closing Jul 01, 2024 07:01AM UTC
US inflation in January 2024 rose more than analysts expected, potentially lengthening the path to the Federal Reserve's target of 2% (CNBC, Investopedia - CPI). The question will be suspended on 30 June 2024 and the outcome determined using the 12-month percentage change for June 2024 as first released by the Bureau of Labor Statistics (BLS) for "All items" as reported by the Federal Reserve Economic Data (FRED) database, expected in July 2024 (FRED, click "EDIT GRAPH" and change "Units" to "Percent Change from Year Ago"). As of the launch of this question, the change for June 2023 was 3.05326%.
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| Possible Answer | Crowd Forecast | Change in last 24 hours | Change in last week | Change in last month |
|---|---|---|---|---|
| Up by less than 1.200% or down | 0.05% | 0% | 0% | -0.02% |
| Up by between 1.200% and 1.800%, inclusive | 0.15% | 0% | -0.50% | -0.25% |
| Up by more than 1.800% but less than 2.400% | 1.75% | -0.15% | -2.00% | -5.52% |
| Up by between 2.400% and 3.000%, inclusive | 22.95% | +1.30% | -0.90% | -28.38% |
| Up by more than 3.000% but less than 3.600% | 49.40% | +1.00% | +3.10% | +16.53% |
| Up by between 3.600% and 4.200%, inclusive | 22.45% | -1.75% | +0.75% | +15.12% |
| Up by more than 4.200% | 3.25% | -0.40% | -0.45% | +2.52% |