Concorde Capital’s Evgeniya Akhtyrko writes

Tuesday, October 13, 2020
Concorde Capital’s Evgeniya Akhtyrko writes

Concorde Capital’s Evgeniya Akhtyrko writes: “The abundant supply of domestic fruits and vegetables drove the food component of inflation downward in helping to eke out relatively low inflation in September….We expect consumer inflation will accelerate in the last quarter of the year amid renewed inflation for food prices. We expect consumer inflation to land at 4.8% year to date in 2020 vs. 4.1% year to date in 2019.”

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