Deutsche Bank sees July US CPI slowing to 0.1% as markets watch core inflation trend | investingLive

Deutsche Bank says the focus will remain on tariff developments in the run-up to the August 12 deadline for a pause in levies between the United States and China. The approaching date is seen as a pivotal moment for trade relations, with any decision to extend or end the pause likely to sway market sentiment and risk appetite.

The bank flagged this week’s US consumer price index (CPI) report for July, due Tuesday, as the main economic release to watch.

• Its US economists expect headline CPI to rise just +0.1% month-on-month, slowing from June’s +0.3% gain, with y/y slowing also.
• Core CPI is forecast to increase +0.21% m/m, in line with June’s +0.2% pace.

The data will be closely monitored for clues on the inflation outlook and potential shifts in Federal Reserve policy.

The US CPI is due on Tuesday at 1230 GMT / 0830 US Eastern time.

This screenshot is from the economic data calendar.

The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.