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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
- By our calculations, 32% of ~190 categories across the entire CPI basket saw price increases of >3% Y/Y, stalling recently having touched a recent low of 31% in June. It compares to the 2019 av of 24% and a longer term average of 19%.
- This recent stalling was a little more prominent in core items however.
- 17% of ~70 items across core goods increased >3% Y/Y vs 14% in June. It won’t cause concerns though as it’s broadly back at pre-pandemic levels (18.5% in 2019).
- Core services continue to prove sticky though, with their share increasing further to 67% vs 63% two months prior. This share averaged 38% in 2019.
- Charts below:
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.
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