US: Decline in energy prices to weigh on consumer prices - Natixis

In the United States, analysts at Natixis expect the decline in energy prices to weigh on the monthly variation of consumer prices and as a result, they expect inflation to decelerate from 2.8% to 2.5%.

Key Quotes

“On the other hand, core inflation should gain 0.1pt to 2.3% during the month of March. For the same month, retail sales should suffer from the decline in car sales and gasoline sales. We thus expect total retail sales to decline by 0.1% MoM. Excluding auto, retail sales should increase by 0.3%.”