FXStreet (Barcelona) – Higher gasoline prices will support the US CPI inflation to register a 0.4%MoM gain in May, according to Chief Analyst at Danske Bank, Allan von Mehren.
Key Quotes
“US CPI inflation is expected to increase 0.4% m/m as higher gasoline and food prices are supportive. Momentum in core CPI has generally also improved lately and we expect an additional uptick of 0.2% m/m.”
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