Consumer Price 10

Rising rents in the U.S. and prolonged out of control prices; exclusion of Korea's own housing costs

Rising rents in the U.S. and prolonged out of control prices; exclusion of Korea's own housing costs As inflation price controls in the U.S. are prolonged and housing rents are on the rise, Korea's economic outlook is becoming more difficult as housing costs are excluded from the consumer price index. The overall consumer price index in the United States rose 3.1% from a year ago, down from 3.4%..

경제 2024.02.14

Europe’s 10.7% inflation ‘recession’ Korea trade deficit ‘cooling signal’

Consumer prices in 19 eurozone countries rose 10.7% in October and grew 0.2% in the third quarter, strengthening expectations for a 0.75% rate hike. Consumer price inflation was 9.9% in September and grew by 4.1% in October of the previous year. Inflation rose in October in Germany (11.6%), the Netherlands (16.8%), Italy (12.8%) and France (7.1%). grew 0.7%. A report by the European Commission f..

경제 2022.11.01

Accelerating high prices Agricultural products rent tax next year ‘imported raw materials rise’

As prices rise further in the second half of this year, rent and personal services will gradually add to the rise in agricultural products. Next year, prices of Chinese raw materials are expected to rise. The inflation rate in December was 3.7%, showing an acceleration in the second half of the year from 0.9% in January to 1% in February, 2% in April, 3.2% in October, and 3.8% in November. The B..

카테고리 없음 2021.12.31

National Statistical Office’s ‘household speculative goods’ to exclude consumer prices and launch a tax on taxes

It was found that, unlike the United States, the cost of self-living was excluded from consumer prices by the National Statistical Office classifying the house price itself as a ‘capital speculative good’ with respect to the cost of self-living, which is the core of the price index. As the government classifies houses as speculative goods, the tax policy is focusing on excessive tax rates on pro..

카테고리 없음 2021.12.24

Inflation rate rises, economic growth rate is down, V rebound adverse effect

The extent of inflation is gradually increasing and the economic growth rate is showing a clear downward trend, showing the adverse effect of the Corona V rebound and fiscal expansion.The CPI rose 2.3% in April, 2.6% in May, 2.4% in June, 2.6% in July, 2.6% in August, and 2.5% in September, up 3.2% in October and 3.7% in November. It recorded the highest rate of increase in 11 months in a year. ..

카테고리 없음 2021.12.02

Production prices hit 12-month high, consumer prices 'close to US inflation'

According to the Monetary Policy Committee on the 12th, if the production price rises to the highest level for 12 consecutive months and the consumer price includes the rise in housing costs as in the United States, the rate of increase will be close to that of the US by 5.3%. The Producer Price Index of the Bank of Korea was 112.21 (2005 = 100) in October, the highest for seven consecutive mont..

카테고리 없음 2021.11.19

The stock market plunged after exceeding inflation for the third consecutive quarter

The consumer price inflation rate exceeded the mid-2% range for two consecutive quarters, and the government announced that inflation will continue since October, predicting an increase for three consecutive quarters, followed by a decline in the stock market in October. The CPI rose from 0.6% in January, 1.1% in February and 1.5% in March to 2.3% in April, 2.6% in May, 2.4% in June, 2.6% in Jul..

카테고리 없음 2021.10.06

'Vaccine Gap Bottleneck' in Asian Producers to US 'Medium-Term Inflation'

As a supply chain bottleneck in Asian producing countries due to the vaccine gap, inflation has become a trend in the mid-six-month outlook. In an interview with CNBC on the 14th, BlackRock, the largest asset management company in the United States, said, “The economy in some parts of Asia is slowing due to the mutation in the corona delta. This will exacerbate the supply chain shortage problem,..

카테고리 없음 2021.07.16