Prices accelerated a seasonally adjusted 0.2% for the month, in line with the Dow Jones estimate,the Bureau of Labor Statistics reportedThursday. However, the annual rate was slightly below the 3.3% forecast though higher than June and the first increase in more than a year. Excluding volatile ...
July's CPI would be around to market expectations. However, for the August CPI, we are not able to build a CPI above 0.1% MoM as reflected in the pric...BBVA Research
CITIC Securities [12.04 -1.55% shares] predicted that in July, CPI will rise by 6.4% over June, and PPI will exceed 7.1% in June to 7.3% in June. Soochow securities expects CPI to rise 6.5% to 6.7% in July. Guotai Junan Securities forecasts CPI growth of 6.3% in July, an increase ...
Excluding food and energy, the key core inflation reading came in at 0.3% monthly and 3.6% on an annual basis, both as forecast. The core 12-month inflation reading was the lowest since April 2021 while the monthly increase was the smallest since December. Markets reacted positivelyafter the...
Although the CPI data exceeds the FOMC’s 2% target, the results aligned with economists’ estimates. The table below is courtesy ofInvesting.com. The left column represents November’s figures, while the right column represents forecasters’ expectations. As you can see, most metrics (marked in...
Consumer Price Index CPI in Germany averaged 57.57 points from 1950 until 2024, reaching an all time high of 120.20 points in October of 2024 and a record low of 17.50 points in July of 1950. source: Federal Statistical OfficeCalendar GMT Reference Actual Previous Consensus TEForecast 2024-02...
On March 22, the Japan Bureau of Statistics released data showing that Japan's overall CPI rose 2.8% year on year in February, a sharp rebound from 2.2% in January, slightly lower than the 2.9% forecast. The upward trend accelerated for the first time in four months, exceeding the central...
Updated macro forecasts will be released and 2026 will be added to the forecast horizon. We expect downward revisions to the growth and inflation forecasts. Canada’s labor market is rapidly losing steam, progress on inflation is faster than the BOC projected in January, and the business outlook...
Retail sales are forecast to increase by 3.5% year-on-year (previous 3.0%), supported by subsidies for automobiles and home appliances. Fixed-asset investment is expected to grow by 3.3% year-on-year amid weak local government fiscal. Meanwhile, Q4 GDP is projected to accelerate to 5.0% ...
Short-term Forecast Amidst a challenging period for the Canadian dollar, characterized by job losses and China’s economic slowdown, the currency witnessed a slight recovery influenced by surging oil prices. However, the U.S. inflation data, slated for Thursday, will be pivotal. Should th...