When will core inflation pick up?

Although data released today showed that core CPI inflation remained weak in the US in July, we still think that it will pick up substantially next year. Outside the US, however, it will probably rise only gradually. In advanced economies as a whole, we suspect that it will remain below 2% until early 2019.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.