In this article, We will discuss when is the next CPI release date. Though inflation appears to have peaked many months ago, the fact remains that it's still far too high for the central bank's comfort. That's why the Consumer Price Index or CPI report has become pretty much the star of the economic data calendar.
When is the Next CPI Release Date?
For the record, the CPI report is released monthly by the Bureau of Labor Statistics, based on price data collected over the course of the month.
Per the BLS, prices for the goods and services used to calculate the CPI are collected in 75 urban areas throughout the country and from about 23.000 retail and service establishments. Data on rents are collected from about 50.000 landlords or tenants. The weight for an item is derived from reported expenditures on that item as estimated by the Consumer Expenditure Survey.
The CPI report is broken down into many subcategories, but the two main ones you'll hear most about on CPI day are headline CPI and core CPI. The headline number is the main inflation gauge. Core CPI excludes volatile food and energy prices, and is considered to be a better predictor of future inflation. The data are expressed as percent changes, and are measured both month-to-month and year-over-year.
As for the next CPI report, it's slated for release by the BLS on Tuesday, Feb. 14 at 8:30 am Eastern time. Economists surveyed by Dow Jones forecast headline inflation to increase 0.4% on a monthly basis, and by 6.2% year -over-year.
That would be a continuation of trend, as inflation cooled in December with prices rising at a pace of 6.5% year-over-year.
Anticipation over the January CPI report is giving traders and investors even more agita than usual. Fears are running high that a hot inflation print will force the Federal Reserve to send interest rates higher and keep them there longer.
To keep tabs on when the next CPI report lands, please see the schedule of release dates(opens in new tab), courtesy of the BLS, below
Schedule of Releases for the Consumer Price Index
For the corresponding release of CPI, there is a list for the reference month, release date and release time starting from October 2022 to November 2023.
- October 2022 — Nov. 10. 2022. 08:30 AM
- November 2022 — Dec. 13. 2022. 08:30 AM
- December 2022 — Jan. 12. 2023. 08:30 AM
- January 2023 — Feb. 14. 2023. 08:30 AM
- February 2023 — Mar. 14. 2023. 08:30 AM
- March 2023 — Apr. 12. 2023. 08:30 AM
- April 2023 — May 10. 2023. 08:30 AM
- May 2023 — Jun. 13. 2023. 08:30 AM
- June 2023 — Jul. 12. 2023. 08:30 AM
- July 2023 — Aug. 10. 2023. 08:30 AM
- August 2023 — Sep. 13. 2023. 08:30 AM
- September 2023 — Oct. 12. 2023. 08:30 AM
- October 2023 — Nov. 14. 2023. 08:30 AM
- November 2023 — Dec. 12. 2023. 08:30 AM
Bottom Line
Inflation hit a four-decade high in 2022. Prompting the Federal Reserve to embark on its most aggressive campaign of interest rate hikes. CPI would help you with investments and this is about when is the next CPI release date.
