A New Month, a New Macro Regime
Real Vision: Finance & Investing
00:00
The Service Inflation That We've Already Had in the US Is on the Up
Inflation is spreading from the US to other countries globally. We typically lack between service inflation in the US and Europe, you would expect in between five and six months of lag time. In January we saw a spike in medical service costs in the PC index, but a decline of almost 0.7% on the month in CPI report.
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