CPI and PPI data lead to a tame ore PCE following month

.Chip Timiraos from the WSJ has twittered update that financial experts that map the CPI as well as PPI to the primary PCE, are forecasting an increase of 0.13% to 0.17% for the August PCE. A reading of 0.13% would pivot to 0.1%, while 0.17% will round up to 0.2%. In either case (0.1% or 0.2%), it stretches a touch of mild/target consistent readings.

As a factor of comparison, the center CPI released previously recently was available in at 0.3% (0.281% unrounded).