Inflation or Deflation 02 (Aug 14 - Dec 25)

[winston]

5 reasons why inflation will be stickier than expected going forward, Deutsche Bank says

by Filip De Mott

1. Initial interest-rate cuts have been more broader and deeper than expected on a global basis.

2. Stimulus momentum in China and worsening geopolitics in the Middle East have triggered a notable pickup in commodity prices.

3. Odds of a US recession are ebbing as the economy shows signs of resilience that could keep inflation elevated.

4. September's consumer price index report surprised investors last week.

5. Money supply growth is still accelerating.

Source: Business Insider

https://finance.yahoo.com/news/5-reason ... 23243.html

[winston]

by behappyalways

IMF: Global inflation is receding!

The European Central Bank cuts interest rates for the third time, and the US is expected to weaken and China is expected to land

https://m.youtube.com/watch?v=J_B4ldA6O-E

[behappyalways]

Few do inflation better than Chanel!
https://x.com/AyeshaTariq/status/1852275182041252056

[behappyalways]

Global Food Prices Hit 19-Month High As Upward Momentum Sparks Fears Of Stickiness
https://www.zerohedge.com/commodities/g ... stickiness

[behappyalways]

These Are The Countries With The Highest Food Inflation In 2024
https://www.zerohedge.com/personal-fina ... ation-2024

[behappyalways]

German inflation pops
https://x.com/duediligenceguy/status/18 ... 7081963759

[winston]

US Inflation

US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased slightly, raising hopes that underlying inflation may be moderating.

The consumer price index (CPI) accelerated to 2.9 per cent last month from a year ago, up from 2.7 per cent in November, the Labor Department said in a statement on Wednesday.

On a monthly basis, inflation rose by 0.4 per cent, slightly faster than expected.

Source: Phillips

[winston]

CPI:-

Used car prices increased for the third consecutive month, rising 1.2% in December after a 2% gain in November.
As I mentioned earlier, motor vehicle insurance rose sharply, climbing 11.3% year-over-year.

Energy prices climbed 2.6% month-over-month, primarily driven by a 4.4% spike in gas prices after a 0.6% increase in November.

The food index rose 0.3% month-over-month and 2.5% year-over-year. Groceries recorded their highest annual increase since October 2023.

Within the food index, egg prices stood out, increasing 3.2% in December after an 8.2% spike in November. Egg prices have surged 37% over the past year.

Source: Investor Place

[winston]

PPI:-

Service costs remained flat in December, providing some relief as services have been a significant driver of inflation in recent years. Over the past 12 months, service prices have increased 4%.

Goods prices moved 0.6% higher in December, primarily due to a spike in energy costs, which have since stabilized.

Energy prices surged 3.5% month-over-month, driven by a steep 9.7% rise in gasoline prices.

Food prices eased slightly, slipping 0.1% in December after a sharp jump in November tied to
surging egg prices. Wholesale egg prices increased by only 0.5% in December, compared to the dramatic 56% spike seen the previous month due to a bird flu outbreak.

Source: Investor Place