Inflation increased and beat expectations. Capacity utilization increased more than expected too, a sign that the slack is being worked off. A much more persistent trend in wage inflation is necessary for a sustained inflationary environment and we are still not there yet. Inflation will be a non-factor in the 1st half of 2014. Inflation on the producers’ level is still well contained in a narrow range.
Apr
17
2014
Inflation Beats Expectations
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