Consumer Price Inflation (CPI) for August 2015 is at just 3.66% which is the lowest in this series. A heavy base effect contributes to this low number, as we had mentioned last month . Inflation is expected to be lower as last year at this time, crude were quite high. The effect will wear off in September. We’re only in July so August data too will be kind. Check out Capital Mind Premium! Get In-Depth Macroeconomic Analysis, Market Metrics, Proprietary Capital Mind Indexes, a look into the CAPM Portfolio and More Actionable Insights, straight to your Inbox. Take a 30-day Free Trial! Even at the low 3.66% you can see the inflation is due to a high base effect. If you look at the how the index flattened out after that, then it will be quite something to have inflation this low going forward. August will end the falling inflation trend, almost surely.… (Read On…)
[via Capital Mind » Capital Mind]
Follow us @investmentheat – lists / @sectorheat