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
- Looking at the breadth of inflationary pressure of 57 items across the entire CPI basket rather than just core in May, there were generally more items at either end of the spectrum compared to April's cleared trend improvement.
- The share of categories rising in excess of 3% annualized increased from 37% to 46% (and >5% from 32% to 37%) as it partly reversed a sizeable improvement in April, back above the 2019 average of 41%. There’s a similar trend for a >5% equivalent, rising from 32% to 37% although that very strong category remains the main difference to 2019’s average of 25%.
- On the flipside though, the share of categories seeing outright deflation on the month increased from 40% to 42% for a new high this cycle, above the 2019 average of 38%.
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