Free Trial
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.
US DATA
In some of the other categories we haven't mentioned yet that carry 2+% weightings in the US CPI basket:
- The medical care index (7.8% of the inflation basket) was negative in July at -0.2% M/M vs 0.0% in June, with medical care commodities accelerating to 0.5% M/M (0.2% prior) but the more heavily weighted services category retreating -0.4% (from 0.0%), the biggest drop since March.
- Ex-medical care services, services CPI accelerated (to +0.4% vs +0.3% in June), vs no acceleration overall (+0.3% vs +0.3% in June). Note though that the PPI figures will be more important for the Fed's purposes as they feed into PCE.
- Elsewhere, motor vehicle insurance continued to be an upside factor, at +2.0% (vs 1.7% prior). The Communications category was slightly less deflationary at -0.1% (-0.5% prior). Household furnishings remaining in negative territory at -0.1% (-0.1% prior). Education prices accelerated to 0.3% M/M (+0.1% prior).
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok