Pantheon Macroeconomics

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18th Jan 2023 16:21U.S., Daily Monitor

  • Core retail sales and manufacturing output tanked in December; bad weather is only partly to blame.
  • Gross margins are now falling outright, so core PPI inflation is set to fall rapidly across H1, at least.
  • The January Homebase data likely are misleadingly strong; we expect a 175K increase in payrolls.

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Keywords for: 19 Jan 2023 US Monitor

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