Goldman Sees Fastest Goods Inflation In 30 Years Outside Of U.S.

Goldman Sachs Group Inc. economists are questioning the conventional wisdom that the global economy is suffering from a bout of slowing inflation. In a report published Tuesday, Spencer Hill and Blake Taylor said the data doesn’t back up the argument that inflation is being softened by a combination of globalization, the disruption of industries such as taxi services and hotels, and the rise of e-commerce companies such as Amazon Inc. Globalization and eCommerce Haven’t Pushed Down Inflation Instead, goods inflation outside of food and energy in advanced economies away from the U.S.

from FA News https://www.fa-mag.com/news/goldman-sees-fastest-goods-inflation-in-30-years-outside-of-u-s-51426.html