Inflation & Devaluation

House Price Inflation in CPI is of Course Complete Baloney, but it Accounts for 1/4 of Total CPI

by Wolf Richter • Mar 11, 2021 • 202 Comments

With actual house price inflation based on market data, overall CPI would have jumped by 3.7%. Lifting the cover on the deception to keep CPI low.

Dollar’s Purchasing Power Dwindles to Another Record Low. Fed is Getting its Wishes

by Wolf Richter • Mar 10, 2021 • 192 Comments

Durable goods inflation +3.3%. Food inflation +3.4%. Services inflation rising, but still held down by battered airline fares, lodging, event tickets, etc. — until people start traveling and going to events again.

Shipping Costs, Trucking Rates Soar Despite Demand Below Prior Years. Now Add Diesel Price Surge to the Mix

by Wolf Richter • Feb 19, 2021 • 75 Comments

Inflation worming through various levels of the economy despite suboptimal demand.

In-Your-Face Inflation: AutoNation Brags About Huge Jump in Per-Vehicle Gross Profit on Soaring Prices Despite Declining New-Vehicle Unit Sales

by Wolf Richter • Feb 16, 2021 • 156 Comments

If folks say they see no inflation, they should look at industry reports now bragging about steep price increases. And consumers are willing to pay those prices – the sign of a sea change.

Dollar’s Purchasing Power Drops to Record Low, Despite Aggressive “Hedonic Quality Adjustments”

by Wolf Richter • Feb 10, 2021 • 152 Comments

Spiking prices for new and used vehicles under the microscope.

Inflation Pressures Heat Up Even in Services

by Wolf Richter • Feb 3, 2021 • 91 Comments

There is still the theme that some of it is just temporary.

Inflation Galore at Manufactures, amid Shifts in Demand, Supply-Chain Snags, Shortages, Lack of Shipping Capacity. And They’re Passing it On

by Wolf Richter • Feb 1, 2021 • 169 Comments

For now, the story is that it’s just temporary.

The Most Splendid Housing Bubbles in America: Dollar’s Purchasing Power Swoons, January Update

by Wolf Richter • Jan 26, 2021 • 176 Comments

San Francisco Bay Area condo prices are the glaring exception. House Price Inflation in all its glory.

Inflation Is Spreading Broadly into the Economy. Amid Surging Costs, Companies Raise Prices, and Customers Pay them, Despite Weak Economy, 10 Million Missing Jobs

by Wolf Richter • Jan 22, 2021 • 358 Comments

“Not only have the last two months seen supply shortages develop at a pace not previously seen in the survey’s history, but prices have also risen due to the imbalance of supply and demand.”