According to Jinshi, Wells Fargo analysts Sarah House and Aubrey George said in a report on the CPI data to be released on Thursday that the US CPI may stabilize in June, but it is still on a downward track. They expect a month-on-month increase of 0.1% in June, which is faster than the flat in May, and "the decline in gasoline prices will help keep the overall price increase moderate." The core index may be significantly lower than the monthly average increase of 0.35% in the first quarter, and is expected to rise by 0.24%, while the three-month annualized core CPI will fall from 4.5% in March to 2.8%.