Full record
HiteconomyJune 2024 CPI will show softer inflation than the prior month.
A scored prediction by Tom Lee, made on .
Scored prediction
Hiteconomy“we should see softer CP in June”
June 2024 CPI will show softer inflation than the prior month.
- Made on
- 2024-06-21
- Outcome
- Hit
- Importance
- 2 / 5
- Effect on score
- +1.84
What counted as right
- Status
- resolved
- Settled on
- 2024-07-11
The June 2024 CPI report (released in July 2024) shows a lower monthly/annual inflation reading than the prior month's print.
Criterion (June CPI report shows a lower monthly/annual reading than the prior month) is directly addressed by the primary BLS release. Both dimensions moved lower: MoM -0.1% vs May 0.0%; YoY 3.0% vs May 3.3%. No conflicting evidence. Outcome value not assigned (scoring is a later stage).
Sources
A Softer CPI in June? 🤔📊
YouTube ·
Evidence of what happened
BLS CPI release for June 2024 (published 2024-07-11): all-items index fell 0.1% MoM (seasonally adjusted), the first monthly decline since 2020, versus 0.0% (flat) in May. The 12-month rate eased to 3.0% from 3.3% in May. Both the monthly and annual readings were softer than the prior month's print.
CNBC coverage (2024-07-11) confirming headline CPI -0.1% MoM and 3.0% YoY vs 3.3% prior, characterizing it as broadly softer inflation driven by a gasoline decline.
Corrections
No public corrections.
Effect on the score
+1.84- How sure they sounded
- 80%
- Outcome
- Hit
- Importance
- 2 / 5
This page shows the scored prediction as published; the site doesn't recompute or adjust the score.
Where this came from
June 2024 CPI will show softer inflation than the prior mon…- Methodology version
- v1.0.0
- Last computed
- August 5, 2026
- Made on
- 2024-06-21
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources