Hacker News with Generative AI: Inflation

CPI for all items falls 0.1% in March, up 2.4% YoY (bls.gov)
The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent on a seasonally adjusted basis in March, after rising 0.2 percent in February, the U.S. Bureau of Labor Statistics reported today.

Economics, Inflation, Statistics

10 points by impish9208 16 days ago | 5 comments

Dow plunges 2,200 points, Nasdaq enters bear market (yahoo.com)
US stocks cratered on Friday with the Dow Jones Industrial Average (^DJI) plunging more than 2,200 points after China stoked trade-war fears and Fed Chair Jerome Powell warned of higher inflation and slower growth stemming from tariffs.

Finance, Stock Market, Trade War, Inflation

265 points by geox 22 days ago | 416 comments

Hyperinflation Heralded the Fall of German Democracy (2023) (smithsonianmag.com)
“Conditions have taken a catastrophic turn here,” wrote Berlin resident Betty Scholem in an October 15, 1923, letter to her son. “This letter cost 15 million” marks to send, she added, and “it will be 30 million beginning the day after tomorrow.” She and her husband estimated their expenses in the billions as the monthly rate of inflation approached 30,000 percent.

History, Germany, Economics, Inflation, Democracy

51 points by joebig 22 days ago | 38 comments

Argentina's poverty rate falls as Javier Milei tames inflation (ft.com)
Argentina’s poverty rate falls as Javier Milei tames inflation

Argentina, Economics, Inflation, Politics

8 points by JumpCrisscross 25 days ago | 1 comments

First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation (cnbc.com)

Economics, Inflation, Trade, GDP

6 points by belter 26 days ago | 2 comments

'Eggflation' sending US shoppers to Mexico – where $300 fines await (theguardian.com)
‘Eggflation’ sending US shoppers to Mexico – where $300 fines await

Economics, Inflation, Travel, Mexico, United States

44 points by paulpauper 35 days ago | 29 comments

It's Weird That Eggs Were Ever Cheap (theatlantic.com)
Imagine telling someone five years ago that a carton of eggs would cost more than a pound of salmon fillet or a whole rotisserie chicken. Somehow, today, it does.

Economics, Food, Inflation

27 points by handfuloflight 35 days ago | 22 comments

Why data on the economy doesn't match our feelings (marketplace.org)
Leading up to the election, economic figures said the economy was doing pretty well and inflation was slowing down significantly. Yet a lot of people just didn’t feel it.

Economy, Inflation, Perception, Data, Politics

41 points by toomuchtodo 46 days ago | 20 comments

Avg price of a dozen eggs has nearly doubled since last year (latimes.com)
Easter isn’t until April, but the hunt is on for eggs.

Inflation, Food Prices, Consumer Goods, Easter

8 points by guptadeepak 68 days ago | 0 comments

Working Americans Turn to Food Banks as Fed Inflation Battle Drags On (msn.com)

Inflation, Economy, Food Banks, Social Issues

31 points by xivzgrev 88 days ago | 30 comments

NPR shopped for 96 items at Walmart to track how prices are changing (npr.org)
LIBERTY COUNTY, Ga. — Ask almost any shopper outside this sprawling Walmart southeast of Savannah, and they'll tell you about rising prices.

Consumer Prices, Retail, Economics, Inflation

6 points by gscott 95 days ago | 0 comments

Russia braced for mammoth rate hike as it's losing the battle against inflation (cnbc.com)

Russia, Inflation, Economics, Monetary Policy

5 points by peutetre 130 days ago | 0 comments

High prices are changing how we eat (marketplace.org)
Inflation may be slowing, but when you’re shopping at the grocery store, those prices still sting a bit. Prices for food at home — aka groceries — were up 0.5% month over month in November.

Inflation, Food, Economics, Consumer Behavior

6 points by toomuchtodo 135 days ago | 0 comments

The Reason Everything's Getting More Expensive (gizmodo.com)
Inflation was a defining issue in the presidential election. Here's how climate change is making everything more expensive.

Inflation, Climate Change, Economics

9 points by rbanffy 138 days ago | 0 comments

US house prices in 1950 vs. 2024, accounting for inflation (brilliantmaps.com)
The map above shows how much houses cost in 1950 in each US state in 2024 inflation adjusted US dollars, compared to what the average cost actually is in 2024.

Real Estate, Inflation, Economics, United States

135 points by ivewonyoung 148 days ago | 232 comments

Setelinleikkaus: When Finns snipped their cash in half to curb inflation (blogspot.com)
On the last day of 1945, with World War II finally behind it, Finland's government announced a new and very strange policy.

Finland, Economics, Inflation, History

225 points by Michelangelo11 151 days ago | 235 comments

Russian Food Prices Skyrocket in Growing Concern for Kremlin (bloomberg.com)
Russians are facing a surge in food prices, creating a headache for President Vladimir Putin as he tries to balance the Kremlin’s military ambitions with a need for domestic stability.

Russia, Economics, Inflation, Politics, Food

13 points by toomuchtodo 163 days ago | 2 comments

Yes, inflation made the median voter poorer (jzmazlish.substack.com)
I began writing this post the morning of Wednesday November 6th 2024 — the morning after the US election, where Donald Trump won a reasonably close yet nonetheless resounding victory over Kamala Harris. Why did more than half of the US (voting) populace reject the Biden administration and vote for someone as manifestly unpopular as Trump?

Politics, US Elections, Economics, Inflation

8 points by paulpauper 164 days ago | 2 comments

Are groceries more expensive than last year? (usafacts.org)
Grocery store food prices increased 1.3% from September 2023 to September 2024, and increased 11% from 2021 to 2022 – the largest annual increase in 40 years.

Inflation, Consumer Goods, Economics, Food

25 points by toomuchtodo 165 days ago | 20 comments

Why fast-food price increases have surpassed overall inflation (cnbc.com)

Economics, Inflation, Fast Food, Consumer Prices

10 points by paulpauper 179 days ago | 0 comments

Daron Acemoglu: America is sleepwalking into an economic storm (nytimes.com)
Inflation seems under control. The job market remains healthy. Wages, including at the bottom end of the scale, are rising. But this is just a lull. There is a storm approaching, and Americans are not prepared.

Economics, United States, Inflation, Labor Market

6 points by hhs 191 days ago | 4 comments

U.S. inflation falls to 2.4%, YoY and MoM annualised (bls.gov)
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in August and July, the U.S. Bureau of Labor Statistics reported today.

Economics, Inflation, United States

21 points by JumpCrisscross 198 days ago | 26 comments

Inflation as a first-class citizen in financial tools (bauva.com)

Finance, Inflation, Tools

8 points by pranitbauva1997 236 days ago | 10 comments

Consumer Price Index slows below 3% for first time since March 2021 (cnn.com)

Economics, Inflation, Consumer Spending

8 points by paulpauper 254 days ago | 1 comments

CPI for all items rises 2.9%; shelter up (bls.gov)

Economics, Inflation, Data, United States

40 points by impish9208 255 days ago | 70 comments

Dow rallies more than 350 points as tame inflation data fuels market comeback (cnbc.com)