Non-Inflation Release Items: Oil, Urals, Gas Prices, Inflation Expectations, China Deflation
Oil prices, Urals vs. Brent, gasoline prices weekly through yesterday, one-year-ahead y/y inflation forecasts, and China in deflation (again).
STEO on oil prices (WTI) from today’s release:
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Urals Price vs. Brent as of 12/11:
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Gasoline prices thru 12/11:
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One year ahead CPI inflation expectations – why is the Michigan survey so volatile (or why is the NY Fed survey so stable)?
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The first difference of the Michigan survey rejects the Normality null using a Jarque-Bera test; the NY Fed series does not.
China back into deflation (y/y and m/m):
More By This Author:
The Inflation Surge Forecasted Or NotMichigan Sentiment Surprises
FT-IGM (Booth School) U.S. Macroeconomists Survey on the Outlook