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Ahead of today's US CPI data,.......>

US DATA PREVIEW
US DATA PREVIEW: Ahead of today's US CPI data, SocGen look for a 0.4% monthly
rise in the headline CPI and a 0.2% core reading. Despite the firm monthly
prints, the annual inflation rates likely moderated. Given the focus on
inflation, markets will also watch the PPI and the import price index releases,
especially given expectations that a weaker dollar will result in higher
imported inflation. Meanwhile, after a robust Q4, retail sales for January will
likely show some moderation in the pace of spending.
-Analysts at TDS expect US headline CPI inflation to moderate to 1.9% y/y in
January, with prices up a seasonally adjusted 0.3% m/m.

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