CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

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

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

Morning Summary: CPI Final March Print Comes In At 3.2%

POLAND
  • Covid daily new cases continue to rise in Poland with the 7D SMA up from 1,800 to 21,400 in the past 4 day, still standing at an extremely high level relative to mid-February despite the little drop in cases we saw in April. As a result, Poland officials decided to prolong most Covid restrictions for another week to April 25.
  • Poland March Final CPI print came in at 3.2% (unchanged from prelim.) this morning, up from 2.4% in February.
  • Core CPI to follow on April 16, expected to rise to 3.9% in March (diverging from the 3.5% upper tolerance).
  • Governor Glapinski recently mentioned that the rise in inflation will only be temporary and the inflationary pressures should ease in the second half of 2021
    • Based on the March projections, NBP policymakers forecast CPI inflation to average 3.1% in 2021, 2.8% in 2022 and 3.2% in 2023.
    • Sell-side projections are lower and expect CPI inflation to average 2.9% in 2021, 2.8 % in 2022 and 2.5% in 2023.
BulletEM BulletEmerging Market News
BulletEM BulletEmerging Market News

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.