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April 10, 2026
China: Oil boosts PPI but CPI Less
April 10, 2026 7:37 AM UTC
• Given lags and the still elevated oil prices for Q2/Q3 delivery it is likely that PPI will be further boosted in the coming months. This could boost 2026 China CPI by around 0.3-0.4% and we changed our 2026 forecast to 1.4% in the March Outlook (here) -- the higher price of Fertilizers wi
April 09, 2026
Preview: Due April 10 - U.S. March CPI - Energy to surge, but core rate seen similar to February
April 9, 2026 1:39 PM UTC
We expect March CPI to surge by 1.0% overall, which would be the strongest rise since June 2022, seen in the aftermath of the Russian invasion of Ukraine. However we expect only a moderate increase ex food and energy, of 0.22% before rounding, which would match that seen in February.
Preview: Due April 10 - Canada March Employment - Highly volatile, but trend still looks modestly positive
April 9, 2026 1:32 PM UTC
We expect Canadian employment to increase by 40k in March, in a correction from an exceptionally large decline of 83.9k in February which may have been influenced by weather. While the data has been very volatile, underlying trend is probably still moderately positive. We expect an unemployment rate
U.S. Personal Income slips, Core PCE Prices remain firm
April 9, 2026 1:17 PM UTC
The latest US data is mostly on the weak side of expectations, most notably a 0.1% decline in personal income for February that significantly underperformed a 0.5% rise in spending (itself slightly below expectations) which saw the savings rate slip back after a tax cut-assisted bounce in January. 0