"December 2023: US Consumers Benefit from Falling Inflation and Goods Prices"

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Source: Bloomberg
"December 2023: US Consumers Benefit from Falling Inflation and Goods Prices"
Photo: Bloomberg
TL;DR Summary

Bloomberg Economics anticipates that the upcoming US consumer price index (CPI) report will likely reveal soft inflation, primarily attributed to further declines in the goods sector, with the core consumer price index, excluding food and energy, expected to have risen by just 0.2% in December, aligning with the Federal Reserve's efforts to curb inflation.

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