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11th Dec 2023 18:34U.S., Daily Monitor

  • We look for a 0.2% November core CPI print, but a 0.3% increase is more likely than 0.1%.
  • The bigger picture, though, is that core disinflation is well underway, and has much further to run.
  • The NFIB index likely rebounded in November, but the details of the survey are what matter.

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Keywords for: 12 December 2023 US Monitor November Core CPI is a Close Call

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