Euro Inflation without Energy Rages to New Record. Overall CPI Second Worst Ever by Wolf Richter • Nov 30, 2022 • 133 Comments The ECB’s horror show.
Inflation Makes Mess in Japan, Batters Yen. BOJ’s Kuroda Clings by His Last Fingernail to “Transitory” by Wolf Richter • Nov 18, 2022 • 78 Comments But he’ll be out in April.
Inflation Expectations Throw a Curveball by Wolf Richter • Nov 14, 2022 • 148 Comments This inflation continues to dish up surprises.
Services Inflation Spiked to Second Highest in 4 Decades, Would Have Spiked to Highest, If Not Slowed by Biggest-Ever Mega-Adjustment of Health Insurance CPI by Wolf Richter • Nov 10, 2022 • 180 Comments But there won’t be an adjustment for the Fed-favored “core PCE” price index that will come out before the next Fed meeting.
Used-Vehicle Wholesale Prices Plunged, but Not Retail Prices; They’re Still in the Ridiculous Zone by Wolf Richter • Nov 7, 2022 • 109 Comments Buyers’ strike is in effect. Used vehicle retail sales drop, dealers sing the blues but don’t want to cut prices from their ridiculous levels.
Horror-Show Inflation in Euro Countries: Overall 10.7%, Germany 11.6%, Without Energy 6.9% by Wolf Richter • Oct 31, 2022 • 157 Comments “Defeating inflation is our mantra, our mission, our mandate,” that’s “why we have to raise interest rates”: Lagarde now after years of money-printing.
Last, Most Important Inflation Measure before the Fed’s Meeting Next Week, “Core PCE,” Worsened for 2nd Month in a Row by Wolf Richter • Oct 28, 2022 • 238 Comments No signs of inflation slowing down, as measured by the yardstick for the Fed’s 2% inflation target.
Services Now Drive Inflation: Worst in 40 Years Services CPI & “Core CPI” Show Inflation Is Entrenched in Broad Economy. Some Goods Prices Fall, Gasoline Plunges by Wolf Richter • Oct 13, 2022 • 225 Comments Health insurance up 28%. Housing costs spike. Food-away-from-home spikes most since 1981. But used vehicle CPI falls. Inflation Whac-A-Mole.
Social Security COLA for 2023 Biggest since 1981, Might Finally Outpace Inflation, Unless Inflation Dishes Up More Surprises by Wolf Richter • Oct 13, 2022 • 197 Comments Beneficiaries got whacked over the head in 2021 and 2022 by raging inflation that outran the COLAs.
The WOLF STREET Real-World New-Vehicle Price Index, F-150 XLT & Camry LE, 2023 Models: Ford’s Truck Price Shocker by Wolf Richter • Oct 12, 2022 • 132 Comments But Toyota barely raised the price of the Camry. Here are 32 years of real-world price increases compared to the CPI for New Vehicles.
