The Consumer Price Index (CPI) is a statistic that estimates the average change in the prices of a market basket of goods and services. These products are purchased for consumption by the index’s two groups: All Urban Consumers (CPI-U) and Urban Wage Earners and Clerical Workers (CPI-W) (CPI-W). The CPI, the most extensively used metric […]
How To Adjust Prices For Inflation Using CPI? Read More »
The GDP deflator (implicit price deflator for GDP) is a measure of the level of prices in an economy for all new, domestically produced final goods and services. It is a price index that is calculated using nominal GDP and real GDP to measure price inflation or deflation. Nominal GDP versus Real GDP The market
How To Calculate Rate Of Inflation Using GDP Deflator? Read More »
As fractured supply chains combined with increased consumer demand for secondhand vehicles and construction materials, 2021 saw the fastest annual price rise since the early 1980s. How much has inflation risen in 2021 thus far? Consumer prices rise 7% in 2021, bringing inflation to its highest level since 1982. In December, inflation reached a new
Why Is Inflation So High In 2021? Read More »
According to Trading Economics global macro models and analysts, Ethiopia’s GDP per capita is anticipated to reach 580.00 USD by the end of 2021. According to our econometric models, Ethiopia’s GDP per capita is expected to rise to roughly 650.00 USD in 2022. What is Ethiopia’s per capita in 2020? Ethiopia’s GDP per capita was
What Is The GDP Per Capita Of Ethiopia? Read More »
According to Randy VanderVaate, president and owner of Funeral Funds, the insurance industry is recession-proof because individuals need insurance whether the economy is good or bad. “We’ve discovered that people are more financially susceptible when a death occurs during a recession,” VanderVaate added. “As a result, most families regard life and health insurance as a
Is The Insurance Industry Recession Proof? Read More »
Healthcare, food, consumer staples, and basic transportation are examples of generally inelastic industries that can thrive during economic downturns. During a public health emergency, they may also benefit from being classified as critical industries. Which industries are the least impacted by the recession? While an economic slowdown or widespread catastrophes such as a pandemic may
What Market Sectors Do Well In A Recession? Read More »
Utility companies are an excellent defensive stock because of their recession-resistant character. Utilities rarely have a quarter with unexpected results, but they do tend to hold up well in rough markets. Are utilities immune to a downturn? Companies that provide utilities. During recessions, demand for energy, water, waste collection, and natural gas remains generally stable,
Are Utility Stocks Recession Proof? Read More »
The Federal Reserve has not set a formal inflation target, but policymakers usually consider that a rate of roughly 2% or somewhat less is acceptable. Participants in the Federal Open Market Committee (FOMC), which includes members of the Board of Governors and presidents of Federal Reserve Banks, make projections for how prices of goods and
What Is The Standard Inflation Rate? Read More »
Some countries have had such high inflation rates that their currency has lost its value. Imagine going to the store with boxes full of cash and being unable to purchase anything because prices have skyrocketed! The economy tends to break down with such high inflation rates. The Federal Reserve was formed, like other central banks,
What Does High Inflation Mean For Interest Rates? Read More »
Many factors, including high population growth, robust export growth, and balanced growth across industries, have fueled Australia’s sustained run of prosperity since the last recession in 1991. Is Australia set to enter a recession in 2020? The pandemic and “radical” government response, according to Commonwealth Bank analyst Gareth Aird, will make 2020 “the most unique
When Was Australia’s Last Recession? Read More »
