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11th Jul 2023 16:25U.S., Daily Monitor

  •  We look for a 0.2% increase in the June core CPI, half the April and May pace and a tenth below consensus.
  • The alarming surge in CPI used auto prices likely is over, but it’s too soon to expect a clear decline.
  • Two straight months of stronger NFIB capex plans signal resilience among small firms.

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Keywords for: 12 July 2023 US Monitor

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