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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'Discounting discounts, and durable deflation'

5 min • 23 november 2023
US consumers are gearing up for the most important celebration on the national calendar; Black Friday sales. Increasing consumer awareness of profit-led inflation may shift focus from flashy headline discount numbers to the question “is this price lower than it was a year ago?”. Deflation of durable goods means that for big ticket items the answer is probably “yes”.
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