Complicated questions over China add to global inflation and growth concerns. There are so many influencing factors that data reads are very noisy right now says NAB’s Rodrigo Catril.
Prices rising because of supply chain disruption, rising fuel costs, less truck drivers and soon, higher taxes. The BoE response - raise rates? In the words of McEnroe, they cannot be serious! https://t.co/4N14w9o1dJ