It is only the reason for ECB to cut rate, following US style
Relative_Pop_2820 on
In my company the canteen prices are raising 3% every year…
Cirenione on
Hooray, prices increased a bit less than economists predicted… Would be swell if there ever was a correction to the way higher inflation rates from 2021-2023 but that it increased less from there than initially thought is also great, I guess.
Edit: Everyone always jumps to „deflation bad“. A incident related hike in inflation followed by a correction to levels it would have been without the event dont have to lead to deflation trends. And we see that too. A lot of prices hiked because of rising energy costs at the first year of the Ukraine war. Those energy prices have (for the largest part) decreased back to the pre Ukraine hike. Shipping prices fell, endconsumer prices continued to rise but slower. Thats a cash grab which could be corrected without straight jumping to deflation. On going deflation is an issue not drops on prices within a shorter time frame followed by plateauing or slower price increases.
va1en0k on
Only so much you can squeeze from the jobless and underpaid populace
shaving_minion on
I wonder if there’ll ever be corrections, or businesses are just happy to keep the profits
5 Comments
It is only the reason for ECB to cut rate, following US style
In my company the canteen prices are raising 3% every year…
Hooray, prices increased a bit less than economists predicted… Would be swell if there ever was a correction to the way higher inflation rates from 2021-2023 but that it increased less from there than initially thought is also great, I guess.
Edit: Everyone always jumps to „deflation bad“. A incident related hike in inflation followed by a correction to levels it would have been without the event dont have to lead to deflation trends. And we see that too. A lot of prices hiked because of rising energy costs at the first year of the Ukraine war. Those energy prices have (for the largest part) decreased back to the pre Ukraine hike. Shipping prices fell, endconsumer prices continued to rise but slower. Thats a cash grab which could be corrected without straight jumping to deflation. On going deflation is an issue not drops on prices within a shorter time frame followed by plateauing or slower price increases.
Only so much you can squeeze from the jobless and underpaid populace
I wonder if there’ll ever be corrections, or businesses are just happy to keep the profits