In April, India saw a considerable rise in wholesale prices, hitting a 13-month peak at 1.26%. This uptick stresses the mounting inflationary burdens on businesses nationwide. Therefore, the Wholesale Price Index…
A recent study examined 17 countries across 180 years, unveiling an intriguing fact: 65 out of 73 deflation episodes did not trigger an economic decline. This discovery, hence, challenges long-standing…
Cost-push inflation, a phenomenon capable of raising prices by huge amounts, signifies a dramatic shift in economic dynamics. It manifests when the overall price levels elevate due to escalations in labour…
It is vital to recognize that the Central Banks often target a consistent 2% inflation rate. This is to bolster ideal job conditions and stable prices within the economies. At its…
Inflation, far from being a mere statistic, acts as a powerful force reshaping economic terrains. In the United States, for instance, the Consumer Price Index for All Urban Consumers (CPI-U)…
Stagflation is a rare economic phenomenon characterized by high inflation and high unemployment, accompanied by stagnant economic growth. Here, we will further explore its meaning and significance, its causes, and…
The Phillips curve is a graphical representation of the inverse relationship between inflation and unemployment. The curve is named after economist A.W. Phillips, who first observed this relationship in the…
