- Prior was 57.9
- Current conditions 56.5 vs 61.5 expected
- Expectations 47.2 vs 50.8 expected
- 1-year inflation 6.7% vs 4.9% prior
- 5-year inflation 4.4% vs 3.9% prior
This is a flawed survey but it’s a bad result and I don’t see how it improves next month given all the tariff hikes along with rising long-end rates.
This article was written by Adam Button at www.forexlive.com.
