Summary of price data releases seen this week in the table below. U.S. Jan. CPI came above market consensus at 7.5%. Almost all price releases accelerated faster than previous ex. Norway January CPI/PPI
As of now, U.S. tops the G10 Inflation Deviation from Central Bank Target at 3.8% (measured by Core PCE Fed's target), this is followed by U.K.'s 3.4%, and EU's 3.1%.
Comments