Fidelity Analyst Survey 2023: Inflation may be easing
Consumer inflation is already past its peak, but the debate about the long-term effects of the price increase experienced last year – unprecedented in thirty years – will continue for a long time. Fed Chairman Jerome Powell was not yet convinced last month, saying that “much more evidence” is needed to say that price increases have turned into a permanent decline. We already have this evidence based on the results of Fidelity’s annual Analyst Survey.
According to Fidelity International’s 2023 Analyst Survey, the majority of our analysts who follow individual companies “on the ground” believe that cost pressures have either already reached or will reach their peak sometime in the early part of 2023.
The results of a poll of more than 150 stock and bond analysts who monitor US, European and Asian companies on the ground suggest that the cost pressure on businesses will reach its peak by the end of the first quarter.
According to Fidelity analysts, as a result of lower prices for natural gas, oil and other commodities, consumer inflation has started to decline in the past two months and is already rapidly easing price pressure on companies: roughly half of respondents expect that the pressure on the companies they monitor has reached or reached , or will reach its maximum during the first quarter of 2023. Only 22% said the peak would occur later than mid-2023.
Related news
Export champion with innovation in the sugar market curve – Budapest industry roundtable on the competitiveness of confectionery manufacturers
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Inflation: stagnation instead of expected increase – 4.3% annual rate, 3.9% core inflation
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: in September, consumer prices exceeded the values of the same month of the previous year by an average of 4.3 percent
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Export champion with innovation in the sugar market curve – Budapest industry roundtable on the competitiveness of confectionery manufacturers
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >MOL Fresh Corner turns 10 – from Olympic champions to Tankcsapda, everyone celebrates the country’s most popular hot dog
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >How to store eggs? – Useful tips from Nébih
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >