COVID has amplified the shocks to the CFA economies. For the last decade, overall macroeconomic performance of the zone has resulted in lower growth over a longer period than in the non-CFA economies in Africa, but also lower inflation.The CFA Franc Zone...
which is what economists consider a sign of pricing stability. When inflation is in this range, it can have positive effects: it can stimulate spending and thus spur demand and productivity when the economy is slowing down and needs a boost. But when inflation begins to surpass wage growth, ...
“Some of the inflation we’re experiencing in rent was actually happening 12 to 18 months ago, but it’s only now filtering through the official series,” Mehrotra said. Housing is a smaller input in the Fed’s preferred measure of inflation, PCE, though, making up less than 20% of th...
“Rupeedepreciation acts as hidden inflation for Indian students aspiring to study abroad, significantly increasing the cost of education, even if universities do not raise tuition fees. This means that even if a university maintains its tuition fee in USD, Indian students end up paying more in [...
How did the inflation-unemployment relationship change post-1970s? How does the aggregate supply and demand graph work and how does this affect inflation and unemployment? In the business cycle, explain what is happening during each phase with: 1. output, 2. employment, and 3. inflation What ...
A red hot economy is good for stocks but can spark inflation, which is bad for bonds. When the economy slows, stocks lose momentum but bonds usually do better. However, when both markets sink at the same time, that can be a sign of extreme stress in the financial system. At the end...
Meanwhile, Syria's Oil Ministry said that efforts are also underway to restart refineries with anticipated shipments of crude oil. Still, battered infrastructure, inflation, and ongoing sanctions hinder a swift recovery. ROAD AHEAD Rebuilding social cohesion is believed to be the most critical challeng...
Instead of relying on the government to tell you what’s happening with inflation, you can actually track inflation on your own. Take a look at what you normally spend money on. Choose a certain day each month to check the prices of these items and create your own measure. You can watch...
5. Luxury is a top performer According to our Industry KPIs, luxury was one of the top-performing categories in terms of indexed average order value growth, driven by wealthier consumers who are spending more per transaction. Why we care: Inflation hasn’t taken the wind out of luxury’s...
This is the year you're finally getting married. Either you've postponed your wedding due to COVID or you got engaged during the pandemic. Within the unknown, you've endured and cautiously awaited your celebration–which is happening.According to our data, a whopping 2.6 million couples will...