{"id":374,"date":"2021-11-11T11:35:00","date_gmt":"2021-11-11T11:35:00","guid":{"rendered":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/?p=374"},"modified":"2021-11-15T11:37:40","modified_gmt":"2021-11-15T11:37:40","slug":"inflation-is-it-persistent","status":"publish","type":"post","link":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/2021\/11\/11\/inflation-is-it-persistent\/","title":{"rendered":"Inflation is it persistent?"},"content":{"rendered":"\n<p>The US consumer price index (CPI) jumped 0.9% in October, well above\nconsensus expectations of around 0.6%. The increase brought the year-over-year\nCPI increase to 6.2%, the highest since December 1990. The U.S. Producer Price Index (PPI) also\ncame in up 8.6%, year-over-year.<\/p>\n\n\n\n<p>Outside\nthe U.S., the latest inflation data paint a similar picture. Eurozone PPI\ninflation is running at 16%. Japan\u2019s PPI clocked in at 8%, yet another 40-year\nhigh, and China\u2019s at 13.5%, a level last seen in the mid-1990s. South Korea\u2019s\nimport prices are rising at 35.8%, the fastest rate since 2008.<\/p>\n\n\n\n<p>In short,\ncurrent inflation increasingly appears neither transitory nor local.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US consumer price index (CPI) jumped 0.9% in October, well above consensus expectations of around 0.6%. The increase brought the year-over-year CPI increase to 6.2%, the highest since December 1990. The U.S. Producer Price Index (PPI) also came in up 8.6%, year-over-year. Outside the U.S., the latest inflation data paint a similar picture. Eurozone &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/2021\/11\/11\/inflation-is-it-persistent\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Inflation is it persistent?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1,6,11,2,10],"tags":[],"_links":{"self":[{"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/posts\/374"}],"collection":[{"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=374"}],"version-history":[{"count":1,"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/posts\/374\/revisions"}],"predecessor-version":[{"id":375,"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/posts\/374\/revisions\/375"}],"wp:attachment":[{"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=374"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.unbiasedfinancialgroup.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}