Pantheon Macroeconomics

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12th Jun 2023 09:00U.K., Daily Monitor

  • The food CPI has risen more than the food PPI this year only because it lagged in the prior two years...
  • ...Supermarkets’ margins are now back to normal; competition is intense enough to prevent a further increase.
  • Retailers also might have hiked prices to offset April's jump in wages, but the latter won't rise much from here.

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Keywords for: 13 June 2023 UK Monitor

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