Part 6/9:
Consumer sentiment shows some volatility, particularly influenced by tariffs, inflation expectations, and essential goods prices. With signs of increased spending following a post-election bounce, inflationary pressures are being monitored closely as they are pivotal in shaping monetary policy decisions moving forward.
The anticipated rise in construction and rental units could alleviate some inflationary pressures in the housing market, suggesting that increased supply may dampen rental growth rates. This sentiment is echoed in the underlying inflation stemming from productivity gains across industry sectors.