MNI: PBOC Net Drains CNY236.6 Bln via OMO Tuesday

MNI BRIEF: Market Cash Rate Pricing Off - RBA Minutes

MNI: PBOC Sets Yuan Parity Lower At 7.1325 Tues; +2.12% Y/Y

China Repo Rates Rise On Tuesday

CHINA PBOC CONDUCTS CNY149.1 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1325 TUES VS 7.1415

Headline Consumer Sentiment Softens, House Price Expectations Rise Further

EZ/UK Bond Supply Calendar: Finland Syndi; Green Bunds Due Tues

CBRT Data Watch

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

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

ING Estimate Core Inflation to Have Fallen to 7.3% Y/Y in November

POLAND
  • The stabilisation of annual CPI inflation is mainly due to the substantial decline in core inflation, ING say, which, according to their estimates, fell to 7.3% y/y in November from 8.0% in October. Declines in annual inflation are evident in most of the categories included in core inflation, which is what caused such a large fall of core in YoY terms, they say.
  • ING write that their preliminary estimate is that CPI inflation will rise slightly in December due to the low reference base from last year when consumer prices rose by merely 0.1% m/m. However, they add that the beginning of 2024 should bring further disinflation.
  • On NBP policy, they assume the MPC will refrain from changing interest rates until at least March where the central bank’s next macroeconomic projection should provide a better assessment of the medium-term inflation outlook than the November round.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.