Episode 1034: Think Tank: Falling chemical prices signal switch from inflation to deflation

Falling chemical prices could be a leading indicator of a switch from inflation to deflation in the broader economy. -          Chemical industry leading indicator for wider economy-          Spike in energy prices, supply chain disruption caused price hikes, inflation-          Poor demand and excess supply could deflate prices-          European industries introduce longer summer shutdowns -          Central bank policies encouraged too much growth in industrial capacity-          GLobal economy now governed by real, underlying supply and demand-          Aging populations around the world drag on demand growth