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Consumer Price Index: Difference between revisions
→Near-term inflation drivers
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* Natural gas prices have come down also below pre-war levels.<ref name=":0" /> | * Natural gas prices have come down also below pre-war levels.<ref name=":0" /> | ||
* China's intent to reopen its economy could increase energy prices in 2023 due to increased demand. | * China's intent to reopen its economy could increase energy prices in 2023 due to increased demand. | ||
[[File:FjjZBKRWIAITa5Y.png|thumb|https://twitter.com/MacroAlf/status/1601366332527693824/photo/1]] | |||
=== 6. Car Prices === | === 6. Car Prices === | ||
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* JPM research expects prices to decline by 2.5% to 5% for new cars and by 10% to 20% for used cars in 2023.<ref>https://www.jpmorgan.com/insights/research/when-will-car-prices-drop#:~:text=Average%20prices%20were%20up%2042.5,to%2020%25%20for%20used%20cars.</ref> | * JPM research expects prices to decline by 2.5% to 5% for new cars and by 10% to 20% for used cars in 2023.<ref>https://www.jpmorgan.com/insights/research/when-will-car-prices-drop#:~:text=Average%20prices%20were%20up%2042.5,to%2020%25%20for%20used%20cars.</ref> | ||
=== 7. Lower demand === | === 7. Lower demand === | ||