Natixis forecasts May core CPI to rise 0.24% m/m, reaching a 2.9% year-on-year increase. Inflation remains elevated due to energy price pressures linked to the ongoing war in Iran.
Key Takeaways
- 1.Natixis estimates May core CPI will rise 0.24% m/m, bringing year-on-year core CPI to 2.9%.
- 2.Inflation remains a primary policy concern, with energy price shocks from the Iran war expected to impact consumer prices.
Table of Contents
- US MACRO SNAPSHOT
- May CPI Preview
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Authors
Christopher Hodge
Themes
InflationEnergy MarketsMonetary Policy
Regions
GlobalUnited StatesIran
