A recent report from Citi Research’s Robert Sockin takes a trip across the global inflationary landscape and comes away with some key conclusions:
US Wages and Services Prices
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Source: Citi Research, BLS, BEA, and Haver Analytics
The report looks at several key questions shaping the global inflation outlook and delves into inflation dynamics in the US, the euro area, and emerging markets economies. The team considers the following five questions:
Exploring those questions yielded several key conclusions, explored in the report:
For more information on this subject, and if you are a Citi Velocity subscriber, please see the original report, dated 12 April 2024, here: Global Economics - Where is Inflation Heading? A Tour Around the World
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