UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'What price discounting can do'
14 Mar 2024
Description
US producer price data is mercifully free of problematic used-car prices and fantasy owners’ equivalent rent. It is also less susceptible to profit-led inflation, covering prices further up the supply chain. The final demand measure has been below 2% y/y for almost a year now, and the overall picture should be of benign inflation pressures.
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