gtag('config', 'G-0PFHD683JR');
Markets

The internal consumer price index, but the basic inflation remains stubborn: JP Morgan – Mattel (Nasdaq: Mat), HASBRO (NASDAQ: HAS)

On Tuesday, the Consumer Prices Index (CPI) said 2.3 % higher than last year.

The monthly gain was 0.2 %, a recovery of a pre -decreased by 0.1 %, however 0.3 % forecasts decreased.

The basic consumer price index rose to 2.8 % on an annual basis, unchanged from both the previous and expected 2.8 %.

Over a month, it increased by 0.2 %, as it rose above 0.1 % in March but less than 0.3 % expectations.

Also read: Inflation may be a mitigation but technical expectations are still volatile, as analysts warn

The shelter remained a major contributor to inflation, increasing by 0.3 % in April, and achieving more than half of the monthly increase in the total consumer price index. Meanwhile, many categories have deployed a decrease in prices, including flight prices, cars and trucks used, telecommunications, and clothing.

Jp Morgan He writes, “Despite the overall report of cold, it is possible that the consumer price index in April will pass the modest tariff with many retailers on hardening lines in prices before costs.”

On a quarterly basis, the most important decrease in prices was seen compared to the fourth quarter on television, sports commodities, and auto parts (which moved from low prices), oil/liquid/liquid liquid (where prices are still rising but at a slower rate).

Meanwhile, prices rose or decreased sharply in categories such as building products, which turned to high prices and games/games/hobbies/stadium equipment, with the help of increases in the prices that companies have noticed like HASBRO Inc He has and Mattel Inc matPet food (low price decreased), and home furnishings (price increase).

Food inflation at home decreased by 0.4 percentage points from last month, and is now heading over 2 % on an annual basis.

Grocery prices increased by 0.4 percentage points during the last quarter -selling quarter, and analyst Christopher Horvars expects an increase in prices in the second quarter.

The prices of pet food increased slightly, as 0.3 percentage points rose from the previous month, although they still decreased by 0.6 % compared to last year.

Looking at the trends for two years, food enlargement at home decreased about 0.2 percentage points, while the prices of pets for pets decreased by about 0.8 percentage points.

Read the following:

Photo via Shutterstock

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button