Cpi inflation articles

  • Inflation declines slightly in April

    Inflation stood at 3.1% in April, compared to 3.2% in March and against 3% in April 2023, the Hellenic Statistical Authority (ELSTAT) said on Tuesday. In energy, the price of natural gas dropped 26.9%. On the other hand, price increases were recorded in food (5.4%), with olive oil prices up 63.7%. Further price increases were recorded in: Rice (8.5%), Meat - general (3.2%), Fresh fish (10.6%), Olive oil (63.7%), Fruit - general (11.6%), Vegetables - general (6.1%), Sugar - chocolates - sweets -...

  • Will Tariffs Outweigh CPI?

    Will Tariffs Outweigh CPI? Authored by Peter Tchir via Academy Securities, Markets shrugged off high headlines on PPI, for a variety of valid reasons. Now we can move on to CPI (where I see the “whisper number” as a lower than expectations print). I’m more focused on tariffs. My recollection of tariffs was that far more economists reacted negatively to the initial round of tariffs imposed by President Trump in 2018. I figured I’d check with ChatGPT if my perception was...

  • FactChecking Biden on Inflation, Other Claims

    When President Joe Biden took office in January 2021, the U.S. annual rate of inflation was 1.4% -- far from the 9% inflation Biden falsely said in a May 8 interview that he inherited. Inflation rose quickly in Biden's first year, but it didn't hit 9% until 17 months into his presidency.