The above graph explains the change in the energy inflation rate in the United States. In May 2022 the rate increased highest with 41.62%. By the end of December 2022, the rate decreased to 7.3%. In January 2023 again the rate increased to 8.7%. As of April 2023, the rate turned to...
Today, we will turn our attention to what may be the most economically illiterate tweet of 2023. Check out this gem from CNN. Needless to say, CNN‘s tweet is grotesquely wrong, or at least misleading. We know what caused inflation. It was reckless and irresponsible monetary policy by the...
It may take that long for a barter system to evolve, which I think is what you’re going to end up with; at least until a new currency system is reorganized and you get a government that’s able to bring its fiscal house into order. No currency system in the U.S. is going to ...
The graph below compares inflation in categories of goods over time. Click on a category such as "Food" to toggle it on or off: For all these visualizations, it's important to note that not all categories may have been tracked since 1984. This table and charts use the earliest available...
2024-07-08 Chile Inflation Rate Up for 2nd Month The annual inflation rate in Chile ticked up for the second month to 4.1% in May 2024, the highest in three months, compared to April's reading of 4%. On a monthly basis, consumer prices increased by 0.3% in May, slowing from a 0.5...
Japan Core Inflation Accelerates to 16-Month High Japan's core consumer price index, which excludes fresh food but includes fuel costs, increased by 3% year-on-year in December 2024, marking the highest level since August 2023. December’s figure also accelerated from a 2.7% rise in November...
YearJanFebMarAprMayJunJulAugSepOctNovDec 2024 308.42 310.33 312.33 313.55 314.07 314.18 314.54 314.80 315.30 315.66 315.49 315.61 2023 299.17 300.84 301.84 303.36 304.13 305.11 305.69 307.03 307.79 307.67 307.05 306.75 2022 281.15 283.72 287.50 289.11 292.30 296.31 296.28 296.17 296.81 298.01 297.71 296....
It affects the salary because the things that the salary can buy may be less if there is inflation.What is Wage Growth vs. Inflation? Collin has two job offers. Company A offers a flat rate of $22.50/ hour for three years of the contract. Company B is offering $17.00/hour but will ...
I guess I am not very tolerant of your total lying scheiss right now. I made it clear in my first post on this matter that it may be a rumor. Of course, as I forecast you would, you are lyng that I put it up as a definite fact. ...
may be significantly overstated when not accounting for inflation. This notable difference between the reported figures and the inflation-adjusted calculations raises questions about how such contrasting results might influence policy decisions and public narratives. The case of the 2023 report is ...