The barbershop quartet: Four lessons on inflation from the hair salon

Will rates go high and tight - or be cut right down?

clock • 4 min read
Gurpreet Gill of Goldman Sachs Asset Management

Gurpreet Gill of Goldman Sachs Asset Management

For observers of consumer spending, April 2021 will deliver something special. In England, this month may come to be regarded as the 'age of the great haircut', as the nation emerges from its lockdown chrysalis and heads to the hairdresser.

For statisticians around the world, the rush back to the hair salon, barbershop and hospitality venues will drive green shoots of economic recovery into the data, but the near-term behaviour of the consumer...

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