City National Rochdale points out that while inflationary pressures are starting to ease, it is a tale of two indicators. Goods prices are up just 0.3% over the past year, while services prices — two-thirds of the economy — are up 5.2%. A big culprit in services inflation is housing, up 5.5% over the past year…
This article is only available to Business Times subscribers
Subscribers: LOG IN or REGISTER for complete digital access.
Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.