US: Headline CPI likely to slow to 1.7% in August – TD Securities

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities are looking for the US headline CPI to slow a tenth to 1.7% y/y in August (flat m/m) on the back of a notable decline in energy prices.

Key Quotes

“Core inflation should tick up a tenth to 2.3% y/y, reflecting a firm 0.2% m/m advance — though slightly softer than in Jun-Jul as core goods inflation was likely flat m/m. That said, a steady 0.2% m/m gain in services should support core CPI.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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