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Volumes and prices are under profound pressure

Supermarkets are looking forward to lower price rises almost as much as their customers

The defensive qualities of medical devices shine through in an era of higher-for-longer rates

Macroeconomic effects on sector constituents will vary appreciably even if central banks relax monetary policy

Demand is strong and profits are high in this unloved sector

The media sector is surprisingly diverse – look for companies that make their own luck

Even war in the Middle East has not revved up prices, as mediocre Chinese economic growth and non-Opec supply keeps market subdued

The cost of capital and the demands of the net-zero push will inform the investment case for utilities in 2024

Price regulations and litigation loom large over the sector, but, as ever, growth will be determined by the ability to bring new medicines to market

Only Endeavour Mining has kept pace with the gold price, but its recent drama shifts the focus onto smaller players