UBS On-Air: Paul Donovan Daily Audio 'Inflation hints'
UBS On-Air: Market Moves · Podcast owner
May 28, 20242m 19s
Audio is streamed directly from the publisher (ubs.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The UK’s May shop price index showed ongoing non-food deflation, and a slower pace of food price increases as the profit-led inflation episode wanes. Supermarkets’ dual pricing structure (offering preferential discounts to loyalty card holders) seems to be ending. Shop price data includes the discounts, consumer price data does not—and the gap between the two has disappeared.