Agri-food sector makes money from cost shock

MACROmap today:

  • US CPI inflation well above market expectations
  • Fed to raise interest rates by 75bp
  • Domestic industrial production and retails sales figures in the spotlight
  • PMI figures to show further economic slowdown in the Eurozone
  • We have revised down our forecast for economic growth in China
  • Agri-food sector makes money from cost shock
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