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CPI Data Expected to Soar: Brace for Impact

CPI Skyrocketing

Get ready for a financial shockwave! The Consumer Price Index (CPI) is predicted to reach unprecedented heights in May 2023, surpassing the alarming numbers recorded in April.

Key Takeaways

• The embargo on the CPI release will be lifted at 8:30 am on June 13, 2023.
• Experts anticipate a significant increase in inflation, potentially exceeding the current nowcast.

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