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

US DATA PREVIEW
US DATA PREVIEW: Ahead of today's US CPI data RBC analysts look for a robust
+0.6%m/m in headline inflation in line with consensus (gas prices rose more than
11%m/m and given the energy component is typically down in Sept, it should
provide a significant boost to seasonally adjusted CPI). They expect core prices
to see a decent 0.2%m/m gain for two reasons: 1) elements plaguing underlying
CPI look to have abated with core services up sharply in August and breadth
bottoming out, 2) the replacement impact in the aftermath of the hurricanes (the
goods space where most replacement purchases are likely to be made has seen
considerable supply tightening via inventory/sales.) 

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