Economists, the US inflation has probably rose last month after a large increase in January, and prices continue to move forward because of the absence.
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(Bloomberg) – Economists, US inflation Probably rose last month after a large increase in January, said that prices are increasing.
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The consumer price index is considered by 0.3% in February after increasing by 0.5% earlier year. Economists are expected to be a major event, excluding variable food and energy category due to the median forecast in the Bloomberg.
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The price of goods, including the food, is likely to be more fuel, and growth growth is slowly – the scary stagflation. Uncertainty about the economic Toll of President Donald Trump’s trade wars made the stock market markets this week.
“It feels that it can be a situation to lose,” he said. “A higher reading than expected, a weaker print than expected can be a weaker print than fear of decline.”
Food prices
Grocery prices have risen significantly in recent months, mainly high egg prices due to the spread of bird flu in the country. Other key items, including meat, fruit and sugar, also developed at a stubborn pace of the year. Some economists expect Trend to be in the Wednesday report.
“Egg prices continued to increase in higher speeds and wholesale food prices in February,” said Morgan Stanley economists, Diego Anzoategui said they expect grocery inflation to be superior to the pandemic trend before the summer.
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Services costs
The metric of the monies, which was tracked by the Fed after the Fed in January, is expected to be slightly postponed after being cast in some year. The size of the so-called Supercore services – excluding housing and energy – are seen in cheaper flights and medical expenses.
Anna Wong from the Bloomberg’s economy, February data will reflect the disagreement between hotels and the greater demand for services such as travel and higher goods.
“SOFTER SERVICE PRICES
Economists will also watch housing expenses, one of the most stubborn categories within the CPI. Citigroup Inc. Economists Veronica Clarka and Andrew HollenHorst see a slowdown in January, 0.27% in advance in shelter prices.
Although many economists have tended to increase prices and payments in the first quarter and the CPI index, although companies work more in January.
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Early tariff effects?
Some economists will show the first signs of the February’s report from tariffs, especially for import from China.
“A driver of our company is a driver of the inflationary prediction, an additional 10% tariff for import from China in early February,” Bank of America Corp. Economists Steveh Juneau and Jesi Park wrote on March 7.
“China represents a large part of imports for household items, clothing and electronics,” he said. “If the tariffs do not affect this month, it means postponing the impact to the future.”
– Help from Chris Middleton.
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