The pandemic is a profoundly deflationary shock to the global economy

The pandemic is a profoundly deflationary shock to the global economy

Neil Wilson Markets.com Follow Following ANALYSIS | It’s widely accepted that the pandemic is a profoundly deflationary shock to the global economy. No surprise then that UK consumer price inflation slowed to 0.8% in April from 1.5% in March. In fact, the bulk of the decline was due to lower oil prices.

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