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TechFlow, October 9 — According to Jinshi Data, Citigroup economists expect core CPI to rise by 0.28% in September, down from 0.35% in August. Although tariffs may keep goods prices firm, slowing housing inflation should help ease overall service-sector inflation. A government shutdown could delay data releases, but Citigroup says a weakening labor market and cooling home prices reduce the risk of persistent inflation.
According to Jinshi Data, Citigroup economists expect core CPI to rise 0.28% in September, down from 0.35% in August. While tariffs may keep goods prices firm, easing housing inflation should help moderate overall service-sector inflation. A government shutdown could delay data releases, but Citigroup says a weakening labor market and cooling home prices reduce the risk of persistent inflation.
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