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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'Diminishing marginal utility in policy'

4 min • 19 januari 2024
UK retail sales volumes were weak in December. Consumer rebellion over profit-led inflation pushed consumers into buying earlier when discounts were on offer, and simply refusing to consume when prices were higher. Online retail also slowed, but fared a lot better than in person retail. Elsewhere German producer prices continued in deflation in December.
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