br00t4c, to random
@br00t4c@mastodon.social avatar
FantasticalEconomics, to random
@FantasticalEconomics@geekdom.social avatar

You've probably heard that many people think inflation is still much higher than it actually is, but did you know that people have changed the definition of inflation (and didn't tell us economists)?

Inflation no longer seems to mean "rising prices" but, instead, "high prices". So 'inflation' can be high even as prices fall, the thought of which gives me a hell of a headache...

https://www.axios.com/2024/05/26/inflation-definition-evolution-high-prices

tagesschau, to random German
@tagesschau@ard.social avatar

Welche Risiken die Zinswende der EZB birgt

Noch ist es nicht offiziell, aber die Erwartungen sind hoch: Anfang Juni dürfte die EZB seit langem wieder die Leitzinsen senken. Doch was bedeutet das für die Verbraucher? Und ist die Inflation schon gebannt? Von Steffen Clement.

➡️ https://www.tagesschau.de/wirtschaft/weltwirtschaft/ezb-vor-zinswende-100.html?at_medium=mastodon&at_campaign=tagesschau.de

#EZB #Zinswende #Inflation

ChrisMayLA6, to random
@ChrisMayLA6@zirk.us avatar

More shipping news:

Unsurprisingly, given the problems for merchant shipping at the southern end of the Suez Canal, more ships are passing round the Cape of Good Hope... leading to longer journeys & container transfers at the west of the Mediterranean for shipment going to Italy, Greece etc.

Both add costs to shipments & as noted in a post yesterday, this will be another external driver of continued inflation.

The BoE will, of course, blame workers (again)!

#inflation #supplychain #shipping.

br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar

Walmart and other retailers are fighting for bargain-hunting, inflation-weary customers. Here's how

#inflation

https://qz.com/walmart-target-mcdonalds-wendys-consumers-inflation-1851499614

AEGISAlliance, to memes
@AEGISAlliance@mastodon.social avatar

This inflation that started during COVID in 2020 is actually just corporate greed when corporations across the country had been seeing record breaking profits in 2021 and 2022.
Follow AEGIS on FB: https://facebook.com/AEGISAlliance
https://theaegisalliance.com

tagesschau, to random German
@tagesschau@ard.social avatar

Nur der Simit wird in der Türkei nicht teurer

In der Türkei liegt die Inflation mittlerweile bei fast 70 Prozent. Immer mehr Menschen drohen in die Armut zu rutschen. Nun will die Erdogan-Regierung Sparmaßnahmen ergreifen. Ist sie wirklich zu harten Einschnitten bereit? Von Markus Rosch.

➡️ https://www.tagesschau.de/ausland/asien/tuerkei-inflation-bevoelkerung-massnahmen-100.html?at_medium=mastodon&at_campaign=tagesschau.de

br00t4c, to random
@br00t4c@mastodon.social avatar

▶ Inflation Is Taking a HUGE Toll on Presidential Election

#inflation #survey

https://www.youtube.com/watch?v=uI3QZCrGqH4

br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar

Inflation is down, the economy is growing. But will the cost-of-living crisis sink Sunak in the U.K. election?

https://www.cbc.ca/news/world/britain-election-issues-cost-of-living-affordability-1.7213422?cmp=rss

GryphonSK, to random
@GryphonSK@techhub.social avatar
thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan’s inflation cooled for a second month while staying above the Bank of Japan’s price target as the yen’s recent depreciation fuels concerns that cost-push inflationary pressures may be here to stay. https://www.japantimes.co.jp/business/2024/05/24/economy/japan-inflation-cools-as-boj-waits-for-wage-gains/ #business #economy #inflation #japaneseeconomy #economicindicators #yen

br00t4c, to random
@br00t4c@mastodon.social avatar
homeboysapiens, to random
@homeboysapiens@blacktwitter.io avatar

It's not , it's

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan's inflation-adjusted real wages fell 2.2% from the previous year in fiscal 2023, which ended in March — the sharpest decline since the 2.9% drop in fiscal 2014. https://www.japantimes.co.jp/business/2024/05/23/economy/japan-2023-real-wages-drop/ #business #economy #wages #inflation #economicindicators #japaneseeconomy

br00t4c, to random
@br00t4c@mastodon.social avatar
dougiec3, to Texas
@dougiec3@libretooth.gr avatar

“...all the shareholders that I’ve talked to said that if anybody goes back to growth, they will punish those companies."
https://www.theguardian.com/commentisfree/article/2024/may/23/corporations-price-gouging-big-oil
#Texas #FossilFuel #Inflation #PriceFixing

br00t4c, to random
@br00t4c@mastodon.social avatar

What will a Memorial Day cookout cost you under inflation?

#inflation

https://qz.com/memorial-day-cost-groceries-inflation-food-drinks-1851491127

xynthia, to Bretagne French

Ehpad : plusieurs maires bretons intentent une action en justice contre l’État

@france
https://www.jim.fr/viewarticle/ehpad-plusieurs-maires-bretons-intentent-action-justice-2024a10009nu

Paris, le mercredi 22 mai 2024 – Plusieurs maires bretons réclament plusieurs millions d’euros à l’Etat pour affronter l’inflation, qui a aggravé de façon assez sévère les conditions de vie des résidents en Ehpad.

#JIM #EHPAD #Bretagne #Précarité #État #CotisationSociale #Inflation

br00t4c, to general
@br00t4c@mastodon.social avatar

Thursday briefing: How a day of fevered general election speculation unfolded

#general #inflation

https://www.theguardian.com/world/article/2024/may/23/first-edition-rishi-sunak-general-election

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Service prices, a key component of Japan’s inflation data, are sustaining momentum, adding to the case for the Bank of Japan to take another step before too long toward policy normalization. https://www.japantimes.co.jp/business/2024/05/23/economy/japan-service-price-inflation/ #business #economy #economicindicators #japaneseeconomy #inflation #boj #consumerspending

br00t4c, to random
@br00t4c@mastodon.social avatar

Older Australians spending more across the board as young people cut back on essentials, report shows

https://www.theguardian.com/australia-news/article/2024/may/23/australia-inflation-march-quarter-spending-older-australians

br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar

'I got all this for $7.60': Woman shares Cava kids' meal hack, says it comes with a 'fancy beverage'

#inflation

https://www.dailydot.com/news/cava-kids-meal-hack/

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