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12th Jan 2022 00:20U.S., Daily Monitor

  • Upside risk to the December core CPI, mostly from vehicle prices, airline fares, and hotel room rates.
  • Headline inflation likely rose above 7%, but this should be the peak.
  • Small firms sentiment is yet to reflect the Omicron hit, or the weakening in the stock market.

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activity airline fares auction prices consumer core core cpi core inflation cpi cpi numbers demand fed forecast forecasts gains headline inflation headline rate inflation inventory it media prices remain rent rental property rents report retail sentiment stock summer supply survey used cars wages

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