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Tag: Inflation

Why education, healthcare and some other things cost ten times more than they used to and ten times more than elsewhere | NextBigFuture.com

Why education, healthcare and some other things cost ten times more than they used to and ten times more than elsewhere | NextBigFuture.com

Andrew Swift identifies the areas where people are willing to be scammed or are vulnerable. What you observe is fifty years of optimization of wealth extraction. Price outcomes depend on the contributions of hundreds of participants. Every participant optimizes his/her earnings, exerting a constant upward pressure on price. Participants become ever more expert at getting […]

European Factory Activity Holds at 6-Year High; Job Creation Pace Best in Two Decades | TheStreet

European Factory Activity Holds at 6-Year High; Job Creation Pace Best in Two Decades | TheStreet

“Eurozone manufacturing growth gained further momentum in June, rounding off the best quarter for just over six years. At current levels, the PMI is indicative of factory output growing at an annual rate of some 5%, which in turn indicates the goodsproducing sector will have made a strong positive contribution to second quarter economic growth,” […]

How austerity-fatigued consumers will spend in post-price rise Britain | The Drum

How austerity-fatigued consumers will spend in post-price rise Britain | The Drum

Coffee, Marmite, fish fingers and Walkers crisps – nothing appears to be safe from the Brexit-themed price rise. With an unfortunate mix of uncertainty and inflation expected to make the pound in our pocket feel much lighter in 2017, many people fear a sharp downturn in consumer spending could hurt brands. It raises the question: […]

Eurozone PMI declines marginally but job growth and price pressures increase – ING | FXStreet

Eurozone PMI declines marginally but job growth and price pressures increase – ING | FXStreet

“This PMI release also provides encouraging signs about the recovery of the job market. According to businesses, employment is rising at the fastest pace since 2008, which means that domestic demand will continue to be supported by people returning to jobs in the beginning of the year. Yesterday’s release of consumer confidence supports this view […]

Fiat India cuts prices of Linea and Punto Evo to boost sales | The Financial Express

Fiat India cuts prices of Linea and Punto Evo to boost sales | The Financial Express

FCA India, the wholly-owned subsidiary of the world’s seventh largest automaker Fiat Chrysler Automobiles, on Thursday announced a sharp cut in prices of Fiat Linea and Fiat Punto Evo by reducing up to 7.3% on the former and close to 7% on the latter. The new prices will be applicable with immediate effect on the […]

Brexit and price hikes push up the cost of Christmas for Britons | The Guardian

Brexit and price hikes push up the cost of Christmas for Britons | The Guardian

The Brexit blow to the pound coupled with commodity price hikes is squeezing Britons’ Christmas spending power this year. A typical household spends an extra £500 in December but the pound’s dramatic tumble since the 23 June referendum means the festive fund is being stretched as the price of everything from Christmas puddings to selection […]

De-mon kills demand; inflation nosedives | The New Indian Express

De-mon kills demand; inflation nosedives | The New Indian Express

NEW DELHI: The much-hyped demonetisation of Rs 500 and Rs 1,000 notes has indeed forced people to tighten their purse strings. This reflected in the consumer inflation numbers for November, released on Tuesday. According to the data, retail inflation  rose by an annual 3.63 per cent – the slowest since November 2014. An analysis of […]

Regressive Economic Policy In India — No, Don’t Mess With Prices | Forbes

Regressive Economic Policy In India — No, Don’t Mess With Prices | Forbes

India has managed to regress on economic policy. They have decided to start messing with prices in times of dearth. This is exactly, precisely and completely the wrong thing to be doing. Fixing prices makes shortages, that dearth, worse, not better. For prices are information–here, information that something is in short supply. Therefore suppliers should […]

Britannia bakes a packaged foods plan | DNA India

Britannia bakes a packaged foods plan | DNA India

Diversification into non-bakery products would help Britannia fight commodity inflation that has been putting pressure on its business, which derives 95% of revenue from its key portfolio. “There has been severe commodity inflation with prices of products like flour and sugar surging very high while prices of fat is comparatively better ” he said. To […]

The Burrito Index: Consumer Prices Have Soared 160% Since 2001 | Zero Hedge

The Burrito Index: Consumer Prices Have Soared 160% Since 2001 | Zero Hedge

In our household, we measure inflation with the “Burrito Index”: How much has the cost of a regular burrito at our favorite taco truck gone up? Since we keep detailed records of expenses (a necessity if you’re a self-employed free-lance writer), I can track the real-world inflation of the Burrito Index with great accuracy: the […]