Inflation is unlikely to normalize in the near future, so investors should look for companies with pricing power, says Francesco Curto, head of research at DWS.
U.S. inflation came in at 7% in December on an annual basis, according to new figures published on Wednesday, its highest print since 1982.
A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022.Although it will come down from imminent peaks, inflation is unlikely to normalize in the near future, according to Francesco Curto, head of research at asset management firm DWS, as he advised investors to look for companies with strong pricing power.on an annual basis, according to new figures published on Wednesday, its highest print since 1982. Meanwhile, consumer price rises in the U.K.
Lower prices, he argued, would be essential to getting consumers back to spending in light of the pandemic even as a lifting of Covid-era restrictions frees up more supply.
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