Consumer Price Index: Difference between revisions

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== Near-term inflation drivers ==
== Near-term inflation drivers ==
Near-term inflation drivers are mostly in line with a continued decline in inflation in the coming months. However, Housing CPI lags and wages still above average could keep inflation above the 2% target for a while.  
Near-term inflation drivers are mostly in line with a continued decline in inflation in the coming months. However, Housing CPI lags and wages still above average could keep inflation above the 2% target for a while. Another inflation driver in the short term will be the China's reopening, which will put upward pressure, especially on energy and other commodity prices.   


=== 1. Wages  ===
=== 1. Wages  ===