Free Trial

A Noteworthy Increase In Breadth Of CPI Inflationary Pressure

US DATA
  • They can be noisy from month to month, but when digging into the detail, MNI’s dispersion measures saw the share growing in excess of 3% annualized in M/M sa terms increase to 70% for its highest since June from 54% in Dec (44% prior to new SA factors) - see chart.
  • Similarly, the share growing above 5% annualized increased to 61% from 44% (35% prior) and the share seeing outright deflation on the month fell to 25% from 32% (40% prior).
  • This is looking across 57 items across the entire basket rather than just core, mostly at indent level 4.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.