{"id":63311,"date":"2025-08-12T19:48:15","date_gmt":"2025-08-12T19:48:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/63311\/"},"modified":"2025-08-12T19:48:15","modified_gmt":"2025-08-12T19:48:15","slug":"us-inflation-seen-picking-up-in-july-with-bigger-accelerations-in-the-months-ahead-ubs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/63311\/","title":{"rendered":"US inflation seen picking up in July with bigger accelerations in the months ahead &#8211; UBS"},"content":{"rendered":"<p class=\"text-align-justify\" data-v-64ab016d=\"\">The firm is forecasting that core CPI is seen at +0.35% m\/m (vs +0.32% m\/m estimate) and +3.11% y\/y (vs +3.00% y\/y estimate) in July. Among all the analysts, UBS has the highest estimates as they see inflation pressures picking up from now all the way through to the autumn season.<\/p>\n<p class=\"text-align-justify\" data-v-64ab016d=\"\">UBS is anticipating tariffs impact to have a say in all this as they forecast core goods inflation to be at +0.38% m\/m. That follows a +0.20% m\/m reading in June. And the firm is locking in even stronger readings for the months ahead, with +0.60% in August, +0.76% in September, and +0.73% in October.<\/p>\n<p class=\"text-align-justify\" data-v-64ab016d=\"\">Besides that, UBS is also expecting core services inflation to accelerate in July to +0.35% m\/m. And that follows from a +0.25% m\/m reading in June.<\/p>\n<p class=\"text-align-justify\" data-v-64ab016d=\"\">On this, they are citing a rebound in prices for airfares and lodging away from home. For some context, the former was seen down 0.11% with the latter down 2.89% back in June. UBS is anticipating a 1.0% monthly increase (vs +1.50% estimate) in prices for airfares and 0.90% increase (vs +0.06% estimate) for lodging away from home.<\/p>\n","protected":false},"excerpt":{"rendered":"The firm is forecasting that core CPI is seen at +0.35% m\/m (vs +0.32% m\/m estimate) and +3.11%&hellip;\n","protected":false},"author":2,"featured_media":63118,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-63311","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/63311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=63311"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/63311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/63118"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=63311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=63311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=63311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}