Will Infrastructure Bill Cause Inflation?

“A well-structured infrastructure measure would increase the economy’s supply side, lowering inflationary pressures.” Improving roads, bridges, and ports would reduce the cost of doing business, allowing enterprises to improve their output per hour while also lowering consumer costs. Is spending on infrastructure inflationary? The infrastructure measure should have a counter-inflationary effect over time. Again, the […]

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Is Inflation Going Up?

High inflation, which had been an economic afterthought for decades, resurfaced with startling speed last year. The consumer price index of the Labor Department was only 1.7 percent higher in February 2021 than it was a year earlier. From there, year-over-year price hikes rapidly increased: 2.6 percent in March, 4.2 percent in April, 4.9 percent […]

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What Should Consumers Do During A Time Of Inflation?

Inflation, or the gradual increase in the price of goods and services over time, has a variety of positive and negative consequences. Inflation reduces purchasing power, or the amount of something that can be bought with money. Because inflation reduces the purchasing power of currency, customers are encouraged to spend and store up on products […]

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What Is India’s GDP Now?

In its second advance estimates of national accounts released on Monday, the National Statistical Office (NSO) forecasted the country’s growth for 2021-22 at 8.9%, slightly lower than the 9.2% estimated in its first advance estimates released in January. Furthermore, the National Statistics Office (NSO) reduced its estimates of GDP contraction for the coronavirus pandemic-affected last […]

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