🔺G10 Average Inflation Slips Below 2.0%: Cable FX Macro
- Rosbel Durán
- Oct 16, 2024
- 1 min read
U.S. headline consumer prices continue to rise faster than the average inflation rate in the developed markets. As of September data, the average inflation in the G10 slipped below 2.0%, the slowdown is consistent with the precedent trend. U.S. prices remain 0.6pp higher than the G10, at 2.4% Y/y
Analysts expect U.S. prices to rise 2.9% in 2024, according to data compiled by Bloomberg. All G10 countries are seen posting prices above their respective central bank targets this year, except for Switzerland and Canada
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