J.P. Morgan Asset Management - The Weekly Brief

29.01.2018 15:14 - JPMorgan Asset Management (Switzerland) LLC

J.P. Morgan Asset Management - The Weekly Brief

Im Jahr 2017 erreichte die Gesamtinflationsrate 3,1% und führte so zu geringeren

Reallöhnen der britischen Verbraucher. Die aktuelle Grafik zeigt, dass die Inflation bei den

Dienstleistungen weitgehend stabil blieb. Der Anstieg der Gesamtinflation wurde

hauptsächlich durch den Anstieg der Kerninflation (ohne Energie) getrieben wurde. Die

Schwäche des Pfunds nach dem Brexit-Votum führte zu höheren Preisen für importierte

Waren. Dieser Effekt sollte nun allmählich nachlassen und die Kerngüterinflation verringern.

Der jüngste Anstieg des Ölpreises, selbst in britischen Pfund, wird diesen Abwärtsdruck auf

die Gesamtinflation teilweise ausgleichen. Da jedoch die Energiekomponente der

Gesamtinflation nur bei ca. 6% lag, sollten wir im kommenden Jahr eine niedrigere

Inflationsrate sehen, und so den Druck auf die britischen Verbraucher vermindern.

JPMAM_The Weekly Brief_29.01.2018.pdf

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