At the far end (for many goods) in #China, there is currently ongoing #deflation in factory gate prices;
But, at least presently, it would seem that #profits at various stages in supply chains (as well as regulatory costs inc. #taxes), are swallowing up any extra margin(s) that might be caused by such deflation.
So, it real wages are lagging #inflation, taxes are stable & its not the Chinese suppliers, whose pushing up prices?
Add comment