3,882
edits
Consumer Price Index:Historical Releases/2023 July: Difference between revisions
Consumer Price Index:Historical Releases/2023 July (view source)
Revision as of 17:47, 10 August 2023
, 10 August 2023→Assessment by Magaly
No edit summary |
|||
| Line 6: | Line 6: | ||
== Assessment by Magaly == | == Assessment by Magaly == | ||
Even though anual headline CPI is increasing as expected during the month of June, is encouraginng to see some of the underlying numbers improving or moderating with month over moth numbers staying at 0.2% for 2 | Even though anual headline CPI is increasing as expected during the month of June, is encouraginng to see some of the underlying numbers improving or moderating with month over moth numbers staying at 0.2% for 2 consecutive months now. Is also very positive to see that shelter CPI is now over 90% of the increase in inflation, since we know that shelter CPI will continue to moderate in coming months, however I remain cautios with this, as housing prices are reaching the peak once again, and that the moderation in CPI will most likely be more mutted than originally expected. I have the opinion than housing and rent prices will eventually continue lower, but currently they are in a trend higher, which should be monitor. | ||
August headline CPI forecasts are already showing an additional annual increase in July, due to the increase in energy prices, which should continue to put pressuare on CPI as long as oil prices continue to increase, or dont moderate. | August headline CPI forecasts are already showing an additional annual increase in July, due to the increase in energy prices, which should continue to put pressuare on CPI as long as oil prices continue to increase, or dont moderate. | ||