China Industrials_Nowcasting on US economics and China's export_import (Dec.)
China Securities·2024-12-30 07:22
ab 26 December 2024 Global Research China China Industrials Nowcasting on US economics and China's export/import (Dec.) Preliminary retail spending estimates +0.76% MoM, still accelerating from last month's reported 0.20% MoM. For December, UBS Evidence Lab Nowcast expects the core CPI to continue to stabilize with increase of 0.20% MoM, below the US Economics team's preliminary estimate of a 28 bp increase. All major components suggest relatively stable MoM trends except for airfares which is suggesting so ...