Monthly Archives: July 2024

July 2024

Economic Outlook – 14 July 2024

2024-07-14T10:41:55+00:00

USAThe Consumer Price Index dipped 0.1% in June instead of rising 0.1% as per consensus. This followed a flat reading the prior month. The core CPI, which excludes food and energy, edged up 0.1%. This was less than the +0.2% print expected by consensus and the smallest increase recorded in 41 months (since 2021M01). YoY, [...]

Economic Outlook – 14 July 2024 2024-07-14T10:41:55+00:00

Economic Outlook – 7 July 2024

2024-07-07T17:50:26+00:00

USANFP (Nonfarm payrolls) rose 206K in May, more than the median economist forecast calling for a +190K print. However, this positive surprise was more than offset by a 111K cumulative negative revision to the prior months’ results. Employment in the goods sector rose 19K as a 27K gain in the construction segment was only partially [...]

Economic Outlook – 7 July 2024 2024-07-07T17:50:26+00:00

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