US #wage growth does not signal any sign of #inflationary pressures, chart @WSJecon https://tinyurl.com/wmhahwuz

Around twice a decade #ElNiño impacts #food production & causes wider #inflationary pressure... so the expectation that this year's El Niño is about to to do the same is not good news for UK #consumers who might have hoped that food price #inflation had peaked & was starting to subside...

While our domestic #food supplies are not likely to be effected significantly by any environmental ripples from El Niño, much of our imported food may be...

So, little relief from the #costsoflivingcrisis!

@cenobyte

... possibly the answer is obvious from the math, but my math never got beyond calculus with complex numbers, so it's always bugged me.

#cosmology #relativity #inflationary #singularity #wat

#firms are exploiting the #inflationary environment to increase prices beyond what is justified by the increase in their input costs, betting on #consumers being too distracted by the general level of price increases to notice, chart @csresearch

Heiner Flassbeck: PPI data for #Germany in May prove once again that there is no #inflationary "price pressure". The opposite is the case: All prices that have a certain lead over consumer prices are clearly moving in the direction of #deflation https://shorturl.at/qKNUZ

In the #euro area, firms are exploiting the #inflationary environment to increase prices beyond what is justified by the increase in their input costs, betting on consumers being too distracted by the general level of price increases to notice, chart @csresearch

The absence of #inflationary pressure means #China could experience a spell of #deflation (a widespread fall in prices) if the economy doesn’t pick up soon, chart @WSJecon bit.ly/3J4R0WW

>Historically, wars have been financed through #inflationary mechanisms, such as printing #money. This practice enables governments to fund #military operations without immediate financial consequences. Instead, costs are passed on to citizens through higher prices and a weaker #currency.

https://cryptoslate.com/make-war-expensive-again-could-a-transition-to-bitcoin-make-conflicts-unaffordable/

#bitcoin #btc #crypto #cryptocurrency #war #ukraine #russia #slavaukraini #inflation

With producer prices and #wholesale prices on the retreat, one can only state once again that #ECB 's assertion that there are persistent #inflationary pressures lacks any basis, chart Heiner Flassbeck & Friederike Spiecker https://cutt.ly/e6JmiN7

Tomorrow is when most organisations will put up their prices (linked to a benchmark #inflation measure) - from council tax to dentists, from #broadband to utilities.

So, this month the #inflationary effect on our finances will be pronounced & very immediate.

As these rises are backward looking, they will lock-in the higher rate of inflation, even as (we expect) rates to decline (in statistical terms) as the spike(s) of last year pass through the data.

Another battering for 'effective demand'!

#economy

#Eurozone #CPI show general easing of #inflationary pressures in January, with #HICP coming at 8.6% after 9.2% in December.

Unfortunately, core #inflation remains sticky, itchy, climbing 0.1% MoM.

Core measure excludes volatile #prices, such as #food and #energy, and are thus closely observed, preferred by #monetarypolicy makers.

Long story short, #monetarytightening in the eurozone will continue unabated.

In-depth: https://grabancijas.com/u-sijecnju-nastavljeno-usijavanje-temeljne-inflacije-u-europodrucju/

#economy #inflation

#Inflationary "balloon will explode", says Branko #Roglić, #Croatian entrepreneur and owner of #Orbico Group, well established distributor of consumer goods in 20 countries in #Adria, #Europe and beyond.

He said that shock will arrive with April, along with average rise of prices of 60, mostly essential goods, by 10%.

We're talking about pressures that are early in the chain, so it could get ugly down the lane

https://grabancijas.com/balon-ce-eksplodirati-roglic-upozorio-na-novi-neposredni-inflatorni-sok/

Can we get some #Economics people who understand #Inflation and #MoneySupply to regularly dive-in and help educate the UBI people? Please use the #UBI hashtag. I'm worried about the one-sidedness of the dialogue around UBI and the number of people who don't get that we arrived at the current #InterestRate environment in order to stop the #Inflationary tendency, caused in part by an increase in the money supply. Seems there's a knowledge gap around the #Fed's dual mandate.

#Econ #EconMastodon

Why #China 's reopening isn't #inflationary - chart @ReutersBiz https://cutt.ly/k3Gbimz

(Note: It is #spending, not #money, that creates #inflationary pressure) money supply, chart @martinwolf_ @FT https://cutt.ly/J3suf52

While there is still clear #inflationary pressure in international #food markets, which are causing various levels of serious hardship across the world, equally some of the #UkraineWar prompted input prices rises seem to have abated... we may be a little more optimistic about food price #inflation in 2023 than last year, which is not to say other problems do not remain in the global #foodsystem!

Jan #eurozone composite #PMIs unexpectedly entered expansionary territory for the 1st time since last summer, combined with easing #inflationary pressures has led to a +20% #equity rally, from late last year’s lows, chart @JPMorganAM

US business activity #contracted for a 7th month, though at a more moderate pace, while a measure of input prices firmed in a sign of lingering #inflationary pressures, chart @markets https://cutt.ly/a9ccBxa

#Japan #BoJ on Wed maintained ultra-low interest rates, incl. a #bond #yieldcap it was struggling to defend, defying market expectations it would phase out its massive stimulus programme in the wake of rising #inflationary pressure, chart @ReutersBiz https://cutt.ly/824RSAv

And just to keep you busy with useful information. Yeva Nersisyan takes on the critiques of #MMT including the current #inflationary bout

https://open.spotify.com/episode/0ee9xIOS8oL4IIAJuZ1Eag

#inflation