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MLCC Market Bulletin_20240925
Last Modified
2024-09-25
Update Frequency
Aperiodically
Format
Overview
The US economic data continues to be volatile, with the economy caught between slowing growth and easing inflation. Following the lower-than-expected non-farm payroll numbers for August, the US Labor Department recently reported that the CPI for August rose by 2.5% YoY marking the fifth consecutive month of weakening trend and the lowest increase since February 2021. However, the core CPI showed an upward trend, climbing by 0.3% MoM and marking the largest rise in four months...
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