EUROZONE CPI MOM Deflationary \ stacker news ~econ

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412 sats \ 6 comments \ @TomK 19 Dec 2023 econ

In a landscape driven by economic precision, EUROZONE CPI MOM Final Actual at -0.6% diverges from the projected -0.5%, signaling noteworthy changes. YoY it stayed at 2.4%.

If this deflationary trend doesn't reverse soon the ECB has a problem (the whole banking sector will suffer). They need to pump even harder...

https://m.stacker.news/8746

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10 sats \ 3 replies \ @Undisciplined 19 Dec 2023

You're all using the same currency, so monetary inflation must be pretty similar across countries. Given that, it's pretty wild how wide the differences are in cost of living trends.

299 sats \ 2 replies \ @TomK OP 19 Dec 2023

I think as of immense differences of regional productivity it differs.

https://m.stacker.news/8811

0 sats \ 1 reply \ @Undisciplined 19 Dec 2023

So, are the higher price inflation countries also higher in productivity growth.

299 sats \ 0 replies \ @TomK OP 19 Dec 2023

Some of them are not members of the Eurozone (title is misleading a bit). But yes, they were growing faster

10 sats \ 1 reply \ @shado_op 19 Dec 2023

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0 sats \ 0 replies \ @TomK OP 19 Dec 2023

The ECB is doing YCC and has been raising rates like a schizophrenic.