I posted a preview of the CPI data due at 0830GMT here earlier:
I am just scanning through a couple of items from about the place while Asia generally snoozes (what is it with this time zone, huh?)
Nomura are looking for headline a little higher citing rising oil prices and household energy bills together are likely to add between 0.1pp and 0.2pp to the annual rate of CPI inflation
forecast CPI inflation 2.5%
Nomura add they see June's rise as a temporary blip before a fall back to 2% towards year-end
Daiwa meanwhile looking for headline CPI 2.6% y/y and the core unchanged at 2.1%y/y. Citing:
- driven by a further rise in energy prices
