1 CIBC: Some good news for #JayPowell for a change – #pricepressures remained subdued in April, coming in a tick below consensus. #Core #CPI prices rose 0.24% m/m in the month and the three-month annualized #coreCPI came down almost a percentage point to 2.1%. 🧵 #inflation #USEconomy #Fed
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The latest Eurozone Core CPI (YoY) for October held steady at 2.7%, exceeding the consensus of 2.6%. The overall CPI (MoM) increased by 0.3%, reversing the previous decline of -0.1%. Additionally, the CPI (YoY) rose to 2.0%, surpassing the consensus estimate of 1.9% and up from 1.7% in the previous month.

#Eurozone #CPI #CoreCPI #Inflation #EconomicData #MonetaryPolicy #Finance

Eurozone inflation data for September shows Core CPI holding at 2.7% YoY, matching forecasts. Headline CPI fell to 1.7% YoY, slightly below the expected 1.8%, with a -0.1% MoM change. Trade balance for August came in at €4.6B, missing the €17.8B estimate and dropping sharply from the previous €21.2B. The data shows weaker inflation pressures and a decline in trade surplus.

#Eurozone #Inflation #CPI #TradeBalance #CoreCPI

The US inflation data for September; Core CPI (MoM) came in at 0.3%, above the consensus of 0.2%. On a yearly basis, Core CPI hit 3.3%, surpassing the expected 3.2%. Headline CPI (MoM) matched the previous month at 0.2%, beating the forecast of 0.1%. Year-over-year, headline CPI eased to 2.4%, slightly above the forecasted 2.3% but down from 2.5%.

#US #CPI #Inflation #CoreCPI #Fed

Today, the US CPI & Core CPI data for September are in focus. Core CPI is expected to remain at 3.2% YoY, with a monthly ease to 0.2% (prev. 0.3%). Headline inflation is projected to decline from 2.5% to 2.3% YoY, with a monthly drop to 0.1% (prev. 0.2%). If data meets expectations, it could pave the way for a 25 bps rate cut in Nov. Jobless claims are expected at 1,830K (ongoing) and 231K (initial). If these also align, markets may see a brief rally. #CPI #CoreCPI #JoblessClaims #Inflation #US
Eurozone Core CPI (YoY) for September came in at 2.7%, matching expectations but slightly down from the previous 2.8%. #Eurozone #Inflation #CoreCPI

Singapore's #CoreCPI rose by 2.7% YoY in Aug, surpassing the 2.5% consensus and previous figure of 2.5%.

Singapore's headline #CPI came in at 2.2% YoY for Aug, matching expectations but down from 2.4% in July.

#Singapore #Inflation

Eurozone #CoreCPI (YoY) for Aug. came in at 2.8%, matching expectations, down from 2.9% last month

#Eurozone CPI (MoM) rose by 0.1%, below the forecast of 0.2% and up from 0.0% previously

#CPI (YoY) stood at 2.2%, matching expectations, lower than the 2.6% recorded last month

#Canada’s #CoreCPI for Aug increased by 1.5% YoY, down from the previous 1.7%. #Inflation

Canada’s Core CPI for Aug dropped by 0.1% MoM, compared to the previous 0.3%.

Canada’s #CPI for Aug fell by 0.2% MoM, below expectations of 0.0% and down from the previous 0.4%. #Economy

US Core CPI (YoY) (Aug): 3.2%, steady with both the forecast and previous data.

US Core CPI (MoM) (Aug): 0.3%, slightly higher than the expected 0.2% and July’s 0.2%.
#US #CoreCPI #Inflation #Economy #YoY #MoM