U.S. December Inflation Data Forecast: Overall Inflation Rate May Rise to 3.2%
The United States will announce inflation data for December on Thursday. Economists from Deutsche Bank analyze that the overall and core inflation are expected to increase by about 0.25% month-on-month, and the overall inflation rate in December may slightly rise to 3.2%. The annual core inflation rate may slightly decrease but still remain high at 3.8%. Inflation data might slow down the falling trend of the dollar, but there are concerns that the dollar will soon return to a downward trend due to weak data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Allied Critical Metals applies to list shares on Nasdaq Capital Market
Cosan plans voluntary NYSE delisting of ADSs, files Form 25 with SEC
BioStem files Form 3 for Chief Accounting Officer Michael Fortunato