Y/Y US CPI should accelerate – TDS

By FXStreet FXStreet (Guatemala) – Analysts at TD Securities explained that the main data release in the US this week is December CPI on Wednesday.

Key Quotes:

“Disinflationary forces tempering prices are expected to continue building in December. Rising food prices should provide a partial offset to the drop in energy prices and the lagged impact from the strong USD.

We expect –0.2% M/M for headline (consensus: 0.0%) Core should outperform headline on account of weak core commodity prices, we expect +0.1% M/M (consensus: +0.2%). Favourable base effects should result in an acceleration of the Y/Y CPI inflation rate.”
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Source:: FX Street