Wednesday, March 20, 2024

Comparison of Inflation in selected countries- March, 2024 Edition

With the United Kingdom, Canada and EUstats release of February data, I have updated my comparison graph. [Note, the USA(EU method) is directly from Eurostat.]


The rates are aligning in a narrow band across this spectrum.

However, it was NOT always the same, and the reasons for that are different, despite the gullible people fawning over, and blindly following their particular political puppeteer.

This is from the "beginning".

I will not bore you with the whys, but a quick look at some important issues...

Another month in the bag, with inflation seemingly slowing on an annual rate, but generally speaking, the month over month rate, when annualized... is well above the annual rate. More work to do?

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A FEW RAMBLINGS AND OPINIONS REGARDING INFLATION, ENERGY, ETC.

The PCE numbers for January finally arrived yesterday, so the January numbers... Nothing to extreme. I recognize much of February reportage ...