Americans and Aussies spend, whilst UK prices slide

NAB Morning Call · Feb 15, 2023 · 13m

Thursday 16th February 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUS retail numbers for January were strong yesterday, giving no reason for markets to assume the Fed will move from its expected path of hikes following non-farm payrolls earlier in the month. At the same time industrial production was down, but the Empire State manufacturing number was better than expected. NAB’s Gavin Friend says a lot of these variations are weather related, alongside other factors, such as retail inventories. Hence, markets are struggling to get a…