CPI Reaction and Outlook for Rate Cuts - Bloomberg Surveillance https://t.co/lmLAdFspzY ...

Calm lil prediction CPI wins.Thanks for playing. https://t.co/TMEY2HGKJs ...

Summary of Key Points from the Conference Call Industry Overview - The conference call discusses the inflation trends in China, specifically focusing on the Consumer Price Index (CPI) and Producer Price Index (PPI) for August 2023, highlighting the impact of various sectors on these indices [1][2][3]. Core Insights and Arguments - **CPI Performance**: In August, China's CPI decreased by 0.1% year-on-year, a smaller decline than the previous month, primarily driven by falling food prices, particularly pork, which saw a significant year-on-year drop of 16.1% [1][4]. - **Non-Food Prices**: Non-food consumer goods prices, such as home appliances and clothing, continued to rise due to domestic demand and consumption expansion policies. The automotive sector experienced a stabilization in prices due to the curtailment of price wars [1][4]. - **PPI Trends**: The PPI fell by 2.9% year-on-year in August, but this marked a narrowing of the decline by 0.7 percentage points, the first such improvement in six months. This change was attributed to last year's low base and policies aimed at reducing disorderly competition [1][5]. - **Sectoral Disparities**: There is a notable divergence among industries; upstream raw material processing prices improved significantly, while midstream manufacturing and downstream consumer goods production prices remained stable or weakened [1][5]. Additional Important Insights - **Future Outlook on Food Prices**: The high base effect is expected to continue exerting downward pressure on food prices, especially pork. However, the automotive sector may see continued price improvements due to ongoing anti-involution policies [1][6]. - **PPI Recovery Potential**: There is an expectation that PPI year-on-year downward pressure will ease, but midstream and downstream production sectors will still face challenges. Monitoring the expansion and effectiveness of anti-involution policies will be crucial [2][6]. - **Service Sector Performance**: Services such as healthcare, education, and tourism maintained high activity levels, with year-on-year increases noted in these areas [1][4]. This summary encapsulates the key points discussed in the conference call, providing a comprehensive overview of the current state and future outlook of inflation in China, along with sector-specific insights.

Inflation Data Summary - The headline Consumer Price Index (CPI) increased by 0.382% in August, surpassing the consensus target of 0.36% and the July increase of 0.197% [1] - This marks the steepest rise in headline CPI since January [1] - Core CPI data was also reported, although specific figures were not provided in the text [1]

Bitcoin holds near $114K as markets anticipate September rate cuts after CPI meets expectations https://t.co/tbd5o4zxVQ ...

Group 1 - The core point of the article highlights the U.S. Consumer Price Index (CPI) data for August, indicating a month-over-month increase of 0.4%, which is above the expected 0.3% and the previous value of 0.2% [1] - The year-over-year core CPI for August stands at 3.1%, matching both the expectation and the previous value [1] - The month-over-month core CPI also increased by 0.3%, consistent with expectations and the prior month's figure [1]

彭博：上周初请失业金人数增幅的60%来自德克萨斯州 ，这可能与季节性工作有关。这一增幅远高于紧随其后的康涅狄格州、密歇根州和北达科他州。即使是初请失业金人数降幅最大的肯塔基州和纽约州，也只占全国新增约2.7万份失业金人数的近20%。 https://t.co/xUQ4kz5rhg外汇交易员 (@myfxtrader):#数据 美国8月未季调CPI年率录得2.9%，符合预期；季调后CPI月率录得0.4%，高于0.3%的预期。9月6日当周初请失业金人数意外录得26.3万人，高于23.5万人的预期，为2023年6月17日当周以来新高。#行情 现货黄金短线上扬10美元，美元指数下跌30点。 https://t.co/yXY7A1BbFg ...

U.S. core CPI for August rose 0.3% MoM (vs. 0.30% expected, 0.30% prior) and 3.1% YoY (vs. 3.10% expected, 3.10% prior). Headline CPI came in at 2.9% YoY (vs. 2.90% expected, 2.70% prior) and 0.4% MoM (vs. 0.30% expected, 0.20% prior).U.S. CPI rose more than expected in August, with year-over-year inflation posting its biggest increase in seven months; nonetheless, the data is not expected to stop the Fed from cutting rates next week amid a weak labor market. ...

Economic Indicators - U.S CPI month-over-month增长 0.4%, 符合预期 0.3% [1] - U.S CPI Core month-over-month增长 0.3%, 符合预期 0.3% [1] - U.S CPI year-over-year增长 2.9%, 符合预期 2.9% [1] - U.S CPI Core year-over-year增长 3.1%, 符合预期 3.1% [1] Labor Market - U.S jobless claims 上升至 263,000, 高于预期 235,000 [1] Market Impact - $SPY (标普500指数ETF) 受以上数据影响 [1]

CPI in line with estimatesClear path to grind up into rate cuts next week ...