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See where inflation indicators stand heading into today's CPI report

Exclusively for CNBC Pro Subscribers - a preview to July's consumer price index report

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Exclusively for CNBC Pro Subscribers - a preview to July's consumer price index report
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A woman shops for groceries at a store on July 29, 2022 in Arlington, Virginia.

A woman shops for groceries at a store on July 29, 2022 in Arlington, Virginia.

Olivier Douliery | AFP | Getty Images

After July’s strong jobs report, inflation has become the main focus for investors. Should inflation continue to increase, it could force the Fed’s hand into more aggressive interest rate hikes, which could negatively impact the market’s recent rally. Today's report will give a good look at a key data point that will show just where price pressures stood heading into August — the July consumer price index and core CPI.

 

This report looks at a broad basket of goods and services to measure the cost of living and inflation. To get a better handle on where things stand, CNBC Pro took a look at a dozen indicators heading into today's CPI release.

 

Subscribe to CNBC Pro to see what the various inflation indicators are saying as we head into a critical inflation read.

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Data also provided by THOMSON REUTERS

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