US: NY Fed Underlying Inflation Gauge (UIG) Metric Dip
Sep-23 14:17
According to the NY Fed, the latest UIG "full data set" measure for August is currently estimated at 4.5%, a 0.2 percentage point decrease from the current estimate of the previous month.
- The "prices-only" measure for August is currently estimated at 6.0%, a 0.1 percentage point decrease from the current estimate for the previous month.
- The twelve-month change in the August CPI was +8.3%, a 0.2 percentage point decrease from the previous month.
- For August 2022, trend CPI inflation is estimated to be in the 4.5% to 6.0% range, a slightly wider range than July, with a 0.2% decrease on its lower bound and a 0.1% decrease on its upper bound.
NY Federal Reserve/MNI
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
MNI: US NAR JUL PENDING HOME SALES INDEX 89.8 V 90.7 IN JUN
Aug-24 14:00
- MNI: US NAR JUL PENDING HOME SALES INDEX 89.8 V 90.7 IN JUN
- US NAR JUL PENDING HOME SALES -1.0% MOM; -19.9% YOY
US TSY OPTIONS: BLOCK, Weekly Midcurve Put Spd
Aug-24 13:59
- 9,000 wk3 TY 114.5/115.5 put spds, 11 at 0949:02ET ref 117-13
US TSY FUTURES: BLOCK, 2Y Buy
Aug-24 13:56
- +5,000 TUU2 104-17.25 buy through 104-17.12 post-time offer at 0946:23ET
