Despite the large number of announced layoffs these past few months, the unemployment rate moved down to 3.4%. That’s tied for the lowest level since 1953. Of course, the politicians will take heaps ...
Ecommerce experienced price deflation for the first time in more than two years in July, but consumers spent less in July 2022 compared with June, according to Adobe data that tracks online prices ...
BEIJING (Reuters) -Deflationary pressures persisted in China, with both consumer and producer prices falling in September, ...
Over the past 10 years, inflation has averaged 1.88%. 2022 showed an annual inflation rate of 8%. The U.S. experienced deflation in the 1930s and high rates of inflation in the 1970s and early 1980s.
I still maintain that inflationary pressures peaked in June and will continue declining - I expect core-goods deflation in 2023. The month-over-month headline inflation rate actually came in negative ...
(Bloomberg) -- July’s data left no doubt: China is now clearly dealing with a deflation threat. Consumer and producer prices fell together for the first time since 2020, adding to concerns about the ...
Deflation could become a headwind for stocks, Morgan Stanley's Mike Wilson warned. That's because falling prices takes away firms' pricing power, which hurts earnings. "[T]his is a slippery slope for ...
Japan may be at an inflection point in its 25-year battle with deflation as price and wage rises show signs of broadening, the government said on Tuesday, signaling its conviction the economy was ...
China's economic woes continue to mount, as CPI figures released Wednesday showing 0.3% deflation. Pork prices are a significant driver of the consumer price index, and have fallen 26% year-on-year.
After persistent inflation since 2021, falling prices in the U.S. are causing some to worry that the opposite will occur: Deflation, or declining prices. "The Fed's extreme policy actions of the COVID ...
New York (CNN) — After encountering rapid price increases for more than two years, discounts at some stores would certainly feel like a much-needed respite. But business leaders, economists and ...