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.
Core CPI upside comes despite used cars dragging more than most expected. Services print the highest M/M rate since Sep’22, with strength seen in heavily-weighted OER and particularly in the aforementioned supercore. All % M/M rates below.
Core Goods: -0.32 after -0.06
* Used cars: -3.37 in Jan (analysts saw an average -2.4, ranging -1.3 to -4.4) after 0.6% in Dec
* Ex used cars: 0.08 after -0.16% in Dec
Core Services: 0.66 after 0.38 – strongest pace since Sep’22
* OER: 0.56 after 0.42 (analysts saw an average 0.42, ranging 0.31-0.48)
* Primary rents: 0.36 after 0.39 (analysts saw an average 0.41, ranging 0.32-0.45)
* Supercore: 0.85 after 0.34 (three analysts ranged between 0.33-0.87)
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.