according to the latest Yicai Chief Economist Survey. The participants on average estimated GDP grew 6.97% in Q2 y/y, with CPI for June forecast at 0.18% and PPI down 4.89% y/y. The headline index fell to 50.21 in June, down from 50.27 in May, the fourth consecutive...
"I wouldn't say tomorrow's CPI matters by itself. I think the combination of March, tomorrow's and May's data will kind of be the big inflection point," said Ben Jeffery, a fixed income strategist at BMO. But Jeffery said the report has a good chance of b...
"But with CPI on deck, investors may already have their sights set on any potential positive momentum from the read tomorrow." Last month's consumer price index, which is more closely monitored by investors as a more direct measure of inflation, will be released at 8:30 a.m. ET on Wedn...
Figure 3. Annual growth in world PPP GDP compared to annual growth in consumption of energy supplies. World PPP GDP is data provided by the World Bank; world energy consumption is based on data of BP’s2022 Statistical Review of World Energy. In fact,...