Consumer Price Index: Difference between revisions

Consumer Price Index (view source)

137 bytes removed , 10 April 2023

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 Near-term inflation trends are still in line with a continued decline in inflation in the coming months.
-The Housing CPI lags, and the fact the wages are still above average could keep inflation above the 2% target for a while.
+The Housing CPI lags, and the fact that wages are still above average could keep inflation above the 2% target for a while.
-The energy market, which saw an increase in CPI in January,  stabilized during February 2023, the price increases were smaller
+A significant risk to the upside in short term will be China's reopening, especially on energy and other commodity prices. However, until now the reopening hasn't had a significant effect on prices.
-The used car prices saw a big jump in prices since January 2023, this could put upward pressure on CPI this month, but could be a limited effect since new car prices instead are falling,
+Inflation could benefit from the decrease in lending from financial institutions, slowing demand and spending.
-Another significant risk to the upside in short term will be China's reopening, especially on energy and other commodity prices.
 ===1. Wages===