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8th Aug 2024 20:42USWeekly Monitor

  • We look for a 0.2% increase in the July core CPI, with the risks tilted towards a lower print.
  • Prices for hotels and air travel likely continued to fall; June’s small rise in rents probably was repeated.
  • Core goods prices likely edged down again, driven by further falls in both new and used vehicle prices.

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Keywords for: 12 August 2024 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence