Spend More, To Buy Less!

November 19, 2023 00:06:51
Spend More, To Buy Less!
Digital Finance Analytics (DFA) Blog
Spend More, To Buy Less!

Nov 19 2023 | 00:06:51

/

Show Notes

The ugly truth about inflation is households are having to pay more, to buy less. We have seen this in a number of data points, the most recent is from the UK, where the Office of National Statistics just released their latest data for October. It revealed that UK retail sales fell unexpectedly, adding to the impression that a string of interest-rate hikes designed to beat down inflation is beginning to stymie economic activity. This is an early indication that overall economic output will probably be weak in the fourth quarter. Economists were expecting a rise of 0.4% for October. […]

Other Episodes

Episode

November 28, 2024 00:13:26
Episode Cover

Kiwis See Another Rate Cut As The RBNZ Takes A Different Path!

The New Zealand Reserve Bank’s Monetary Policy Committee lowered the Official Cash Rate to 4.25% from 4.75%. The bank’s updated projections are consistent with...

Listen

Episode

August 02, 2024 00:15:10
Episode Cover

Finally A Rate Cut, Though Weirdly Into A Growing Economy!

As expected, the Bank of England finally cut the base rate by 0.25%, to 5%, the first cut in four and a half years...

Listen

Episode

July 15, 2024 00:07:35
Episode Cover

The Chilly Economic Winds Hits Kiwi Property Market!

Latest data from REINZ shows further momentum falls across property sales and prices in New Zealand, as the higher rates continue to squeeze households...

Listen