Although inflation has ticked up from 2013 levels, it remains below its historical average and a long way from a worrisome level, says Morningstar's Bob Johnson.
While individuals may have varying experiences with price inflation, the consumer price index is still a good indicator for the economy, says Morningstar's Bob Johnson.
Morningstar director of economic analysis Bob Johnson will be keeping a close eye on these potential headwinds in the year ahead.
Although stable prices and tame inflation free up more dollars for consumers to spend, they also broadly underscore the economy's current speed bumps.
Challenges from Canadian operations and data breach await him.
Concerns over a key supplier to both Yum and McDonald’s in China have hurt sales and stock prices in the short run, but Morningstar's R.J. Hottovy expects the firms to bounce back.
June CPI data showed some moderation, and consumers could see more price relief in the future.
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