bullish

EA: Missing Clothing Sales in Aug-21

268 Views18 Sep 2021 01:32
EA HICP inflation for Aug-21 was confirmed at a low 3.0% y-o-y. The lack of clothing discounts leaves less to recover. Our forecast is relatively high from Nov-21, albeit below the target in H2 2022.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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