National Apartment Association (Naahq)’s Post

Headline CPI is down month to month for the first time since May 2020, coming in with a 3% year-over-year increase in June. Check out NAA's Inflation Tracker to better understand the current economic environment. Read the full article: https://lnkd.in/eSrXBqGt

Headline CPI is at its lowest rate since February 2021 despite coming in slightly above expectations. Check out NAA’s latest Inflation Tracker to better understand our current economic environment. Read the full article: https://brnw.ch/21wNN3o

While the lag in CPI shelter costs to private sector data has extended longer than originally expected, Core CPI has decelerated steadily for more than a year. Check out NAA's Inflation Tracker to better understand the current economic environment. Read the full article: https://brnw.ch/21wKIJj

Monday blues are looming... Here's my weekly macro report, which I hope is worth reading. It'll be a data-packed week with US PPI, CPI, jobless claims, UMich inflation readings on deck. Regarding US/Japan macro, consensus is, so far, US economy is slowing but not slow, and its soft landing is the bear minimum for BOJ's rate hikes.

While the lag in CPI shelter costs to private sector data has extended longer than originally expected, Core CPI has decelerated steadily for more than a year. Check out NAA's Inflation Tracker to better understand the current economic environment. Read the full article: https://lnkd.in/dmY_Rq5f

The Most Important Chart From Yesterday's Inflation Report! The biggest takeaway from yesterday's CPI data is that most of the components now have a broad-based deflationary trend. According to BLS data, more than 60% of the components are now reporting less than a 2% rise (annualised). As a result, one needs to ask whether the Fed is behind the curve, as real rates are now highly positive, which is dragging down economic activity. Chart: BLS

Euro (EUR) Outlook: EUR/USD Remains in Thrall to Upcoming US Inflation Data With little Euro Area data out for the rest of the week, Euro pairs will be driven by external influences, including today’s US inflation report.

🌎 🌎Global inflation remains sticky above 3% Core CPI dropped to its weakest gain in six months. It's still elevated however, running at ~3.5% on a three-month basis - implying little disinflationary progress since 2H23. 💡💡Top three points from J.P. Morgan’s Senior Global Economist Nora Szentivanyi on inflation : 💥 “The monthly change in the US core services CPI, and supercore, for May was the lowest reading since September 2021, but came after a run of very firm readings. Simultaneously, services inflation firmed across much of Western Europe and Canada. 💥US goods inflation (ex-autos), has stepped up to a 0.8%ar since March and we expect this trend to continue even as China’s excess capacity remains disinflationary. 💥 After peaking at 9.6%ar in the three months to April, energy CPI fell back to 1.1%ar. With Brent rebounding in June, this fall is unlikely to be sustained.” 🎧 👉 Listen to the latest Data Drop Podcast Nora Szentivanyi for more insights on the Global Inflation Monitor here https://lnkd.in/exqmk9QV

Tune in for our thoughts on yesterday’s #CPI report!

TODAY'S FOCUS - UK CPI + AMERICAN CPI 1. 13:00 - UK will release inflation data. The initial estimate is that inflation will rise and have a positive impact on GBP. 2. 19:30 - America is the next to release its inflation. The attention of the whole world will be focused on this data. In terms of inflation forecasts, there is an upward trend. However, based on Core PPI data which fell to 0%, there is a big chance that US inflation has the potential to fall so that the Dollar has the potential to continue its decline to the level of 102,000 Disclaimer on Today is Volatile Day Keep your trade safe.