The European Central Bank (ECB) Chief Economist Philip Lane said that “it would be a surprise if there are no second-round effects,” and that if energy prices edge lower, “headline inflation could fall while underlying inflation rises,” he said at the Bank of England and its Watchers Conference.
The report suggests many wholesale and retailers have created a "cushion" with profit margins allowing them to absorb more cost before passing it to consumers.
The report suggests many wholesale and retailers have created a "cushion" with profit margins allowing them to absorb more cost before passing it to consumers.