US not yet suffering inflationary effects of higher oil price

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In this podcast, STANLIB’s Chief Economist, Kevin Lings, discusses the factors that influenced the surprisingly low increase in US PPI data for March, which is showing no second-round effects from tariffs and the higher oil price. However, he cautions it is still early to predict the direction of US interest rates. He also examines latest Chinese economic data, which shows manufacturing activity growing strongly, but weak consumer spending.
STANLIB Asset Management (Pty) Ltd is an authorised Financial Services Provider in terms of the FAIS Act. This should not be construed as advice.
20 Apr English South Africa Investing · Business News

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