Pantheon Macroeconomics

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3rd May 2023 15:18U.K., Daily Monitor

  • Inventory levels now look very high by past standards in relation to the level of demand.
  • Higher interest rates have increased the costs to businesses of holding excess inventory.
  • The latest surveys, however, present a mixed picture on the likely pace of inventory run-down.

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Keywords for: 4 May 2023 UK Monitor

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