Wed, Jan 28, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Performance, Price Watch more

Commodity price slump ‘will end up boosting growth’

Posted on 30 April 2013

The recent fall in commodity prices should “ultimately be viewed as a positive”, according to Rowan Dartington Signature’s managing director, Andrew Morris.The prices for Brent crude oil, copper and gold have all fallen by more than 10 per cent this year, partly due to concerns about global growth, but Mr Morris said the price fall will end up boosting growth.
He said: “A general fall in commodities… will in time be good news for growth prospects. By reducing imported or commodity-related inflationary pressures, this will not only help boost consumer purchasing power but it will take some of the heat off central bankers tasked with reigning in inflation.”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 39000 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031