MNI BOK WATCH: More Evidence Needed To Cut Rates, Says Rhee

MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

MNI: PBOC Sets Yuan Parity Lower At 7.1339 Thurs; -1.06% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1339 THURS VS 7.1342

MNI BRIEF: Bank of Korea Keeps Policy Rate At 3.50%

CPI Details Show Disinflation Tapering Off for High-Rate Items (1/2)

Activity data stronger-than-expected; little impact on near-term monpol

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CPI Details Show Disinflation Tapering Off for High-Rate Items (2/2)

GERMAN DATA
DataHomepagemarkets-real-timeData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • MNI's inflation breadth tracker (see chart below) shows disinflation almost stalling in the high-inflation categories in June, with the percentage of COICOP (Classification of Individual Consumption according to Purpose, a standardized category split) items printing at or above 6% falling only 0.4pp to 14.4% from 14.8% in May. In the low-inflation categories, disinflation appears to be progressing (although at a slightly lower pace than before), with the percentage of categories printing below 2% Y/Y increasing to 49.4% vs 47.2% in May.

MNI, Destatis

96 words

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.
  • MNI's inflation breadth tracker (see chart below) shows disinflation almost stalling in the high-inflation categories in June, with the percentage of COICOP (Classification of Individual Consumption according to Purpose, a standardized category split) items printing at or above 6% falling only 0.4pp to 14.4% from 14.8% in May. In the low-inflation categories, disinflation appears to be progressing (although at a slightly lower pace than before), with the percentage of categories printing below 2% Y/Y increasing to 49.4% vs 47.2% in May.

MNI, Destatis