Demand for Goods Eases as Prices Take a Dip American consumers witnessed a surge in demand for goods during the Covid-19 pandemic, yet escalating prices threatened their purchasing power. Global supply chains struggled to keep up, exacerbating the issue further. However, the tide seems to be turning now as goods inflation eases, providing relief to … Read more
Year-on-year core inflation, which excludes food and fuel prices, also showed a weak value of 0.6 percent, the same as in October, he writes Reuters. According to Bruce Pang, chief economist at Jones Lang Lasalle, this statistic is a warning of persistent stagnant demand, the revival of which should be a priority for China if … Read more
China is slipping further into deflation. Consumer prices in November recorded an annual contraction of 0.5% (from -0.2% in October) compared to estimates the day before of -0.1%, the largest since November 2020 due to the slowdown in food products (-4.2% from -4% in the previous month) and the further decline in pork prices. Producer … Read more
“The drop in year-on-year inflation was such that not only inflation itself but also prices fell. So we have deflation for September. All of this was stronger than expected,” emphasizes Datarun economist Petr Bartoň. “When even the rise in fuel prices could not prevent deflation, it is certainly a strong signal for the central bank … Read more
China still shows elements of deflation: in September consumer prices surprisingly remained unchanged on an annual basis, compared to analysts’ estimates of a rise of 0.2% to strengthen the recovery trend of August (+0.1% ). While on a monthly basis, the National Statistics Office reports, there is an increase of 0.2%. On producer prices, the … Read more
Aug 12, 2023 at 7:11 AM Update: 16 minutes ago While prices in the Netherlands have been skyrocketing for a year now, prices in China fell in July for the first time in more than two years. The fear of deflation is increasing. Why is that a problem? In July, Chinese consumer prices fell by … Read more
Date 5/11/2022 15:00:29 (MENAFN– Al-Bayan) A recent study revealed that nearly three-quarters of citizens in Germany are worried about a possible economic downturn and adjust their buying behavior accordingly. According to a survey conducted by YouGov, commissioned by management consulting firm Zemun-Kucher & Co., most Germans plan to limit spending on new clothes by 58%, … Read more
Six hundred thousand from Bergamo, that is more than half of the population. The “anti-inflation” bonus announced by the government should have a good catchment area, in Orobic land: this is what can be estimated by cross-referencing the data of the tax returns with the requirements indicated by Prime Minister Mario Draghi. In concrete terms, … Read more
ILLUSTRATION. BOJ Governor Haruhiko Kuroda. REUTERS Source: Reuters | Editor: Herlina Kartika Dewi KONTAN.CO.ID – TOKYO. The Bank of Japan will maintain a massive stimulus program on Thursday (29/10) and vowed to take further action if the economic collapse caused by the coronavirus shock threatens deflation. But analysts say the prolonged rising costs of easing … Read more
Jakarta, CNBC Indonesia – Two months in a row Indonesia recorded deflation. The deflationary condition cannot be separated from the sluggish domestic economy due to the Covid-19 pandemic. Bank Indonesia (BI) predicts deflation will still occur this September. In its latest price monitoring survey (SPH), BI estimated deflation of 0.01% (month on month/ mom) will … Read more