In today’s briefing:
- The Commodity Report #73
The Commodity Report #73
- Respect the trend – inflation continues to trend down but also continues to surprise on the upside in terms of analysts’ expectations.
- Getting inflation back into the target corridor will be a slow and painful process as inflation is broadly driven by the components of shelter, transportation services, medical services, and not only food and energy, which get the most headlines in the newspaper.
- On the other hand, we’re on the right track, as the YoY comparisons have declined since July.
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