US September CPI Data Expected to Show Rising Inflation

The US Consumer Price Index (CPI) for September is set for release on Wednesday at 12:30 GMT, with forecasts indicating an increase in headline inflation. According to FX Street, headline inflation is expected to rise to 3.6% from the previous 3.4%.

Core prices, which exclude volatile food and energy costs, are also predicted to increase by 0.2% in September, compared to a 0.6% rise overall. This data release is anticipated to influence the Dollar Index and broader market sentiment.

For Japanese investors, the CPI figures are closely watched as they can impact the US dollar’s strength and consequently affect FX and equity markets in Japan.