Xiomara Guevara

Economists projected US headline consumer prices would ↑~0.3% MoM in Early-Q4 2026, with gasoline and food still contributing to overall inflation.
Economists projected US core consumer prices would ↑~0.2% MoM, consistent with a similar ~0.2% MoM change in the core personal consumption expenditures index.
US core goods were expected to cool as used vehicle prices declined and apparel, recreation and technology goods moderated, partly offset by higher household goods prices.
Economists expected US services inflation to moderate, led in part by cooling shelter costs and slower price gains in transportation and recreation services.
These early US projections were based on assumptions that could change as more data became available, especially for gasoline prices, hotel rates and airfares.

US Inflation Forecast Points to Cooling

Economists projected US headline consumer prices would ↑~0.3% MoM in Early-Q4 2026, with gasoline and food still contributing to overall inflation.
Economists projected US core consumer prices would ↑~0.2% MoM, consistent with a similar ~0.2% MoM change in the core personal consumption expenditures index.
US core goods were expected to cool as used vehicle prices declined and apparel, recreation and technology goods moderated, partly offset by higher household goods prices.
Economists expected US services inflation to moderate, led in part by cooling shelter costs and slower price gains in transportation and recreation services.
These early US projections were based on assumptions that could change as more data became available, especially for gasoline prices, hotel rates and airfares.