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September 10, 2024
Mexico CPI Review: 0% Inflation in August as Expected
September 10, 2024 1:53 PM UTC
Mexico's CPI remained flat in August, causing year-over-year CPI to drop from 5.6% to 5.0%. This stability was driven by a 0.7% decline in non-core CPI, while core CPI rose 0.2%. The Food and Beverages CPI fell 0.6%, reflecting easing pressure on agricultural goods. With the economy cooling, inflati
Preview: Due September 11 - U.S. August CPI - Subdued, if marginally stronger than in the preceding three months
September 10, 2024 12:39 PM UTC
We expect August’s CPI to increase by 0.2% both overall and ex food and energy, with the respective gains before rounding being 0.18% and 0.21%. Such an ex food and energy rate would be slightly stronger before rounding than in the preceding three months, though not strong enough to trouble the
U.S. August NFIB survey - Loses momentum after stronger July
September 10, 2024 12:25 PM UTC
After picking up in the four months to July, which saw the highest level since February 2022, August’s NFIB Small Business Optimism Index has taken a hit, slipping to 91.2 from July’s 93.7, moving marginally below June’s 91.5 too.
Norges Bank Preview (Sep 19): Less Hawkish Rhetoric?
September 10, 2024 7:37 AM UTC
As has been the case for the five previous policy meetings, the Norges Bank is almost certain to keep its policy rate at 4.5% when the Board offers its next verdict on Sep 19. But amid a slightly disappointing mainland real economy backdrop and what have been softer than (Norges Bank) expectations