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MLCC Market Bulletin_20241022
Last Modified
2024-10-22
Update Frequency
Aperiodically
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Overview
The US Department of Commerce recently reported a significant narrowing of the trade deficit in August, decreasing by 10.8% MoM. This shift is attributed to an increase in exports and a decline in imports. Moreover, the data suggest that trade may exert a slight drag on economic growth for the third quarter, and there have also been a slowdown in domestic retail demand. Additionally, the US CPI for September showed a YoY increase of 2.4%, which is slightly higher than expected. Meanwhile...
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