Expected Cpi April 2024 Forecast. Nowcasts are estimates or forecasts of the present. Inflation rate expected to hold steady.

The federal reserve bank of cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (pce) and the consumer price index (cpi). The cost of living as measured by the consumer price index likely rose 3.4% over the year in april, down from a 3.5% increase in march according to a survey of forecasters by.