Source: NSI Comment: In May, consumer price inflation slowed slightly to 3.51% year-on-year from 3.68% in April, according to the latest NSI data. There is no change in which types of goods are experiencing the highest price increases – food and beverages continue to be at the top …
More »Infographic: Inflation accelerates slightly in April
Source: NSI Comment: In April, consumer price inflation slightly accelerated and reached 3.68% on an annual basis, compared to 3.60% in March, according to the most recent NSI data. For the second consecutive month, the most serious growth was reported by food and beverage prices – 5.76%, compared to 5.61% in March. Meanwhile, …
More »Infographic: Food prices rise at highest rate since 2013
Source: NSI Comment: In March, consumer price inflation continued to accelerate and reached 3.60% on an annual basis, compared to 3.22% in February, according to the latest NSI data. The most serious growth is already being reported in the prices of food products and non-alcoholic beverages, which reach 5.61%, while prices for entertainment …
More »Why are economists and politicians so afraid of deflation?
Wherever we turn, deflation is always portrayed negatively, and every author is quick to present the fight against deflation as the absolute minimum for economic competence. There are two definitions of deflation: one is a “fall in the price level,” as measured by the so-called Consumer Price Index; a definition common to mainstream economists. …
More »Infographic: Food inflation reaches 5% in February
Source: NSI Comment: In February, consumer price inflation accelerated to 3.22% on an annual basis from 2.96% in January, according to the latest NSI data. The most serious growth continues to be reported in prices in the "entertainment and culture" category, although in February there was a slowdown compared to the inflation reported in the previous month ...
More »Infographic: Consumer inflation accelerates in January 2019
Source: NSI Comment: In the first month of 2019, consumer price inflation accelerated to 2.96% year-on-year from 2.67% in December, according to the most recent NSI data. Prices in the "entertainment and culture" category increased at the highest rate (8.35%), while the largest decline was recorded in transport prices …
More »What happened to the profitability of private pension funds?
In recent days, I'm sure you've come across a number of headlines announcing that the profitability of private pension funds has collapsed, disintegrated, collapsed, crashed, etc. You get the idea. Something scary and shocking has happened to the profitability of pension funds. This is neither too far nor too close to ...
More »What actually is inflation?
Author: Frank Shostak, Mises.org According to many mainstream economists, the lack of a strong correlation between money supply growth and growth in various price indices casts doubt on the theory that increases in the money supply are the main source of inflation. It is also argued that before 1990 there was a positive correlation between …
More »Economic indicators - types and application
Most economists have opinions about what stage of the business cycle an economy is in. But if you haven't noticed, many of their predictions turn out to be wrong. For example, Ben Bernanke in 2007 (then chairman of the Federal Reserve) predicted that the US was not headed for a recession and that …
More »Will Argentina, Turkey and Indonesia bring down the Fed's house of cards?
Emerging Market Pain May Be a Sign of Future U.S. Trouble Emerging markets are on fire. In the past week, Turkey’s currency crisis has been joined by similar financial conflagrations in Argentina and Indonesia. The central bank of the Gauchos raised its key interest rate to 60% (the world’s highest) from 45%, after …
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