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13th Nov 2024 10:20USDaily Monitor

  • October CPI and PPI data imply that the core PCE deflator increased by 0.30%, the most since March...
  • ...But the rise was driven by volatile airline fares, a hot patch for the stock market and catch-up rent rises.
  • The Boeing strike and hurricanes probably weighed down manufacturing output last month.

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Keywords for: 15 November 2024 US Monitor

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