Spectra Markets Analyst: Weak PPI Doesn't Mean Weak CPI, But It Happens From Time To Time
On January 14, Gold Ten reported that Spectra Markets analyst Brent Donnelly said that over the past 10 years, data has shown that when both headline PPI and core PPI have been lower than expected, CPI has been higher than expected in only 21% of cases, in 39% of cases it has been in line with expectations, and in another 39% of cases it has been lower than expected. Based on this historical pattern, the U.S. December CPI data to be released on Wednesday may be lower than Wall Street's expectations of 0.3%. Analysts pointed out that although the U.S. Department of Labor in the same month after the release of PPI after the release of CPI is relatively rare, but before 2018 this is the normal practice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries
A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.
Quantumrail Cancels 10 Billion Won Convertible Bond Offering
Crypto prices
More
