UBS On-Air: Paul Donovan Daily Audio 'Prices and production'




UBS On-Air show

Summary: There is quite a lot of inflation data out today. US consumer prices are probably still underreporting the US cost of living (food at home is rising in price quite a lot, but is weighted with pre-pandemic importance). However, an unusually large number of prices are falling, and an unusually small number of prices are rising, and we remain in a low inflation environment.