US: Headline CPI to slow to 1.6% in June - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities are looking for the US headline CPI to slow a further two tenths to 1.6% y/y in June (flat m/m), on the back of a notable decline in energy prices.

Key Quotes

“Core inflation should remain steady at 2.0% y/y, reflecting a firm 0.2% m/m advance. We pencil in a 0.2% m/m increase in core services and a flat reading in core goods, which should help buoy core CPI overall.”

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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