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Sunday, August 13, 2023

US inflation is going to remain relatively stable at this level and won't fall significantly anymore. Why?

The latest CPI and PPI (below) had increased marginally in July.

The US inflation is not going to fall significantly anymore because the high base effects from the last year is over.  We had stated the high base effects previously in our posts.

Thus, the US inflation is going to remain relatively stable or increase marginally from now till the end of 2023.

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