Y/Y US CPI should accelerate - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Guatemala) - Analysts at TD Securities explained that the main data release in the US this week is December CPI on Wednesday.

    Key Quotes:

    "Disinflationary forces tempering prices are expected to continue building in December. Rising food prices should provide a partial offset to the drop in energy prices and the lagged impact from the strong USD.

    We expect –0.2% M/M for headline (consensus: 0.0%) Core should outperform headline on account of weak core commodity prices, we expect +0.1% M/M (consensus: +0.2%). Favourable base effects should result in an acceleration of the Y/Y CPI inflation rate."
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