12 Jan 2015
US headline CPI might decline by 0.3% - Nomura
FXStreet (Barcelona) - The Research Team at Nomura anticipates US headline CPI to decline by 0.3%, with CPI data scheduled to be released on Wednesday, further forecasting US December core retails sales to show a 0.5% increase.
Key Quotes
“In the US, retail sales data will be released on Wednesday; Nomura expects core retail sales to increase by 0.5% in December but expects the headline number to dip into negative territory thanks to the sharp drop in gasoline prices. The Fed beige book will also be released on Wednesday.”
“US CPI will be released on Wednesday; Nomura expects a modest increase of 0.2% in core CPI and the headline CPI to decline by 0.3%. US industrial production will be released on Friday; Nomura expects it to decline by 0.2% in December following a strong 1.3% increase in November.”
Key Quotes
“In the US, retail sales data will be released on Wednesday; Nomura expects core retail sales to increase by 0.5% in December but expects the headline number to dip into negative territory thanks to the sharp drop in gasoline prices. The Fed beige book will also be released on Wednesday.”
“US CPI will be released on Wednesday; Nomura expects a modest increase of 0.2% in core CPI and the headline CPI to decline by 0.3%. US industrial production will be released on Friday; Nomura expects it to decline by 0.2% in December following a strong 1.3% increase in November.”