Home » Posts tagged 'consumer prices'
Tag Archives: consumer prices
The next recession: Here’s when the ‘everything bubble’ will burst
The next recession: Here’s when the ‘everything bubble’ will burst In October 20XX. That’s not a typo. To reach the best guesstimate of when the next recession will begin, we need to understand how the Federal Reserve creates unsustainable booms and why the next bust may be just around the corner. A caveat is in […]
Eurozone Inflation at a Record High
Eurozone Inflation at a Record High Inflation in the doomed Eurozone increased 4.9% in November, marking the highest level of inflation since the creation of the euro. The larger economies within the bloc experienced a significant rise in inflation, with Germany posting a 6% increase and France experiencing a 3.4% rise. Other nations saw extreme […]
OPEC+ Reportedly Threatening Response To Global Coordinated SPR Release
OPEC+ Reportedly Threatening Response To Global Coordinated SPR Release In an apparent ‘threat’ response to headlines suggesting the Biden administration is attempting to coordinate a global SPR release to push down oil prices (and following reports from Japanese media that the government is preparing to release crude from its strategic stockpiles), the Riyadh-based International Energy Forum said OPEC+ […]
Relief from High Prices Unlikely, Analysts Say Ahead of Consumer Inflation Data Release
A customer shops for meat at a Safeway store in San Francisco, Calif., on Oct. 4, 2021. (Justin Sullivan/Getty Images) Relief from High Prices Unlikely, Analysts Say Ahead of Consumer Inflation Data Release With investors closely eyeing two major data releases this week on inflation—one on producer input costs and the other on consumer prices—Wells Fargo […]
Inflationary Storm Forces Unilever To Raise Prices Fastest In Seven Years
Inflationary Storm Forces Unilever To Raise Prices Fastest In Seven Years Rising consumer prices are not going away. The latest example of this is from British multinational consumer goods company Unilever PLC who announced Thursday soaring commodity prices had forced it to raise prices the most in years. The multinational consumer goods company that produces […]
Stagflation is Here
Stagflation is Here QUESTION: When do we talk about stagflation? F ANSWER: We are already experiencing it. Normally, the standard definition of “stagflation” has been explained as slow economic growth with relatively high unemployment/or economic stagnation that takes place with rising prices. Some have also defined it as a period of inflation combined with a […]
Prices Surge Broadly Across the Massive Service Sector and Companies Are Able to Pass On these Higher Prices
Prices Surge Broadly Across the Massive Service Sector and Companies Are Able to Pass On these Higher Prices The entire mindset has changed. Services are about two-thirds of the economy. During the Pandemic, discretionary services such as travel and entertainment have been hard hit, and consumer spending on services in February was still down 5.2% […]
Look to Prices, Not Official Metrics, for Inflation’s “Smoking Gun”
Look to Prices, Not Official Metrics, for Inflation’s “Smoking Gun” This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: The overlooked driver of gold and silver prices, what to expect from gold after last year’s fireworks, a heap of ancient gold figures has been […]
Inflation Is Spreading Broadly into the Economy. Amid Surging Costs, Companies Raise Prices, and Customers Pay them, Despite Weak Economy, 10 Million Missing Jobs
Inflation Is Spreading Broadly into the Economy. Amid Surging Costs, Companies Raise Prices, and Customers Pay them, Despite Weak Economy, 10 Million Missing Jobs “Not only have the last two months seen supply shortages develop at a pace not previously seen in the survey’s history, but prices have also risen due to the imbalance of […]
Consumer Prices Soar By Most In 11 Years In June On Rebound In Fuel Costs
Consumer Prices Soar By Most In 11 Years In June On Rebound In Fuel Costs After three months of ‘deflation’, consumer prices were expected to rebound strongly in June and it did, with headline CPI beating expectations (+0.6% MoM vs 0.5% exp). That is the biggest monthly jump since June 2019… Both Goods (Ex-Energy) and Services […]
Inflation Surges In October; Media Blames Gas Prices
Inflation Surges In October; Media Blames Gas Prices A key measurement of inflation, The Consumer Price Index, rose 2.5% in October from a year earlier. The inflation was linked to rising gas prices by the media, but there’s more to it than just the cost of fuel. Rising inflation is actually also likely tied to […]
Venezuela Knocks Three Zeros Off Its Currency to Halt Hyperinflation
Venezuela Knocks Three Zeros Off Its Currency to Halt Hyperinflation Redenomination is Venezuela’s sorry story of the day. It won’t work. In a worthless attempt to halt hyperinflation, Venezuela Deletes Three Zeros From Its Failing Currency. Socialist Venezuela is going through a crisis that has left people struggling to pay for food and find medicines. […]
Mnuchin’s Wrong: Here’s Why Investors Should Be Very Worried About Inflation
Mnuchin’s Wrong: Here’s Why Investors Should Be Very Worried About Inflation Despite Treasury Secretary Steven Mnuchin’s bizarre insistence that there’s no connection between consumer-price inflation and rising energy prices and wages, these factors – plus a spate of others – are forcing some food companies to consider raising prices on goods from chicken to cereal, […]
Inflation Coming? How About Deflation?
Inflation Coming? How About Deflation? Economists expect higher inflation based on rising producer prices. But will producer prices feed consumer prices? When? Do producer prices eventually feed into consumer prices? If so, what’s the lead or lag time? The Wall Street Journal article Why the Inflation Picture Looks Starkly Different for Businesses and Consumers got […]
Fed Warns Inflation Has Arrived: Philadelphia, New York Fed Prices Paid Soar
Fed Warns Inflation Has Arrived: Philadelphia, New York Fed Prices Paid Soar Just in case the economic data appeared to be coming in as too hot in recent days, today’s two key regional Fed manufacturing indicators sent conflicting signals, with the New York Fed survey sliding from 17.70 to 13.1, and missing expectations of 17.50, […]
