Richard Jerram
Richard Jerram
free people ride risk
There is a risk of people overreacting. The five-year free ride comes to an end, or at least that's the fear.
both demand domestic driven export gradual improvement seeing seems side
We're seeing an improvement in output, which seems to be driven by both the export side and the domestic demand side, and we're seeing a gradual diminution of deflation.
cycle fairly improved job market measure offer ratio reliable second sign starting
It's a sign that the cycle is starting to turn. The job offer ratio improved for the second month, and that's usually a fairly reliable measure of market conditions.
domestic drive revival start steadily
We see the domestic revival as steadily broadening out and in the end that should start to drive production.