UBS On-Air: Paul Donovan Daily Audio 'Profit-led inflation in retreat?'
UBS On-Air: Market Moves - Un pódcast de Client Strategy Office
Korean export data for the first twenty days of July was weaker, reflecting modest international demand for goods. Some of this is the legacy of negative real wage growth across developed economies, but there is also the ongoing favoring of service sector spending. The bias to service spending may be less about a post-pandemic boom, and may instead reflect a more structural change.
