Tag inflation

shallow focus photo of coffee beans

Are Coffee Prices on the Way to a 10-Year High?

Coffee has become an expensive treat during the pandemic after coffee prices rose to a full $2.50 per pound at the end of 2021, close to 2011 levels. At that time, coffee prices rose to over $2.90 per pound. According…

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Rising Fresh Food Prices Drive Inflation in Thailand

Inflation rose 2.17% in December, driven by oil and fresh food prices, including fresh vegetables, pork, and eggs, while average inflation is expected to rise 0.8-2.4% in 2022. The director of the Office of Trade Policy and Strategy (OCP) of…

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Polish Central Bank Fights Rising Inflation

Inflation in Poland rose by 7.8% in November YoY and by 1.1% from the previous month. After the alarmingly high inflation figures, the Polish central bank felt compelled to act and therefore brought forward its meeting, which was originally scheduled…

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German PMI Remains Stable with Hopes for Supply Chain Easing

The financial information company IHS Markit reported that the purchasing managers’ index (PMI) for the manufacturing sector in Germany remained unchanged. The PMI was 57.4 in December, below initial expectations of 57.9, but a rise above 50 suggests that German…

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December CPI and PPI Show Turkish Inflation Still Rolling

Inflationary pressures in Turkey are taking on increasingly serious proportions with inflation figures in December showing an increase of as much as 36.08 YoY. MoM the CPI increased by 13.58%. Thus, inflation in Turkey shows an increase not seen for…

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What is Important this Week

U.S. Employment Numbers in December The Fed hangs between employment figures and inflation thanks to its dual mandate. However, the labor market numbers have been able to make the Fed a bit more positive lately which further argues for a…

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