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9th Jun 2025 17:54USDaily Monitor

  • The aggregate DPI is a poor guide to CPI core goods prices, but some components are well correlated.
  • The useful component DPIs point to no step up yet in the pace of goods price rises in response to tariffs.
  • A very low response rate to NFIB’s survey casts doubt over the May rebound in small business confidence.

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Keywords for: 11 June 2025 US Monitor

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