Turkish CPI and PPI

Much Data in Spite of U.S. Holiday

July 5, 2021

Monday’s menu of economic data releases includes over 30 purchasing manager surveys, French industrial production, British and German new car sales, Turkey’s CPI and PPI, Australian and Singaporean retail sales, and consumer confidence in Spain, Mexico and the Philippines. Fissures have developed in OPEC unity over production quotas. Observances continue of America’s 245th birthday. Today […] More

Investor Anxiety on Multiple Fronts

June 3, 2021

Investor concern about runaway inflation keeps getting fed by fresh data. Today’s menu of May purchasing manager survey reports revealed record input inflation in many cases, intensifying capacity constraints, and input price inflation bleeding into output charges. A further 4-percentage point acceleration of Turkish producer price inflation to a 30-month high of 38.2% in May […] More

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