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The slowdown in the pace of core price rises in the Eurozone in November is a good omen for the U.K.
Inflation expectations among households and businesses are falling, now that a recession is taking hold.
Manufacturers’ and retailers’ excess inventory reinforces the case for expecting goods inflation to drop.
businesses, eurozone, goods inflation, households, inflation, inflation expectations, November, recession, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence