According to Jinshi.com, Nick Timiraos, the "Federal Reserve mouthpiece", said that economists who provide detailed inflation forecasts expect the CPI in August to be relatively mild, just like in July. The median forecast shows that the core CPI will rise by 0.21% month-on-month, which will keep the inflation rate at 3.2% for 12 months. The overall CPI is expected to slow to 2.5%.