CPI Outlook: Economists say CPI data always exceeds expectations in January.

According to ME News, on February 13th (UTC+8), a Reuters poll showed that the median forecast from economists surveyed indicated that the US January CPI month-on-month growth rate was likely 0.3%, similar to the growth rate in December. Economists' expectations ranged between 0.1% and 0.4%. The year-on-year CPI growth rate was projected at 2.5%, a decline from December's 2.7%, which economists attributed primarily to the exclusion of last year's higher inflation rate from the calculation. The US Bureau of Labor Statistics will release a recalculated seasonal adjustment factor when releasing the January CPI report to reflect price changes in 2025. This could lead to revisions to the seasonally adjusted CPI index over the past five years. Economists believe that the updated calculation model by the US Bureau of Labor Statistics may not be able to resolve the January effect of CPI data: CPI data consistently exceeds expectations in January each year. (Source: ME)