Price pressure continue to build in the US

  • US core (ex-food & energy) price growth back above pre-COVID trends, supported by reopening demand.
  • Excluding vehicles, month over month increase in prices still stable.
  • Rising energy prices, input costs and wages adding to upside concerns.





Download report PDF

Download

 
See our Canadian Inflation Watch here.

September 14, 2021

  • Vehicle prices easing slightly from exceptionally high levels.
  • Month-over-month price growth slower from spring/summer surge.
  • Stronger services demand, persistent supply-chain pressures, to put a floor under near-term price growth.






Download report PDF

Download

August 10, 2021

  • Transport related prices still elevated but showed early signs of easing
  • Longer run inflation expectations still steady among consumers
  • Wage expectations rising higher for lower skill occupations, as demand rebounds






 
See our Canadian Inflation Watch here.


Download report PDF

Download

This article is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates.