Prior +2.0percentCore CPI +2.7% vs +2.7% y/y prelimPrior +2.7%
No modifications to the core estimate with companies inflation additionally remaining sticky at 3.9%. The latter hasn’t actually moved a lot within the final six months, persevering with to carry nearer to 4% nonetheless – because it was again in July. That reveals that whereas the disinflation course of is on observe, there may be nonetheless extra progress wanted going into subsequent yr.
This text was written by Justin Low at www.forexlive.com.
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