Perhaps noments word is scarier to a fixed income investor than inflation – especially for those who depend on the yields from bond investments for their retirement income needs. For example, inflation can reduce the payout rate of bonds over the long-term, as the higher costs of living can often weaken the purchasing power of [...]
How The Rising Price of Ice Cream Will Help Keep Me SlimOkay. So, as you all know, prices have been going up on everything lately, due to our completely out of whack economy. I, for the most part, don't have seriously expensive tastes, other than sushi, which by the way, I have't had in about a month now....anyway.... I do have a few things that I'm just not gonna live without. Like some Haagen
Sharply lower energy prices have resulted in a sharp decrease of European consumer prices. The headline annual inflation figure for the 15 Eurozone countries plunged from 3.2% in October to 2.1% in November, Eurostat reported. Transport fuels accounted for most of the improvement, registering a 4.9% MOM decline. Monthly inflation was -0.5% in November 2008.Non-Euro members fare still worse.EU3 ann
Indonesia's inflation rate in 2009 could be below the minimal projection of 6.5 percent as the people's consumption and international commodity prices would drop next year, reported the national news agency ANTARA on Wednesday.The news agency quoted an economic researcher of Bank Indonesia (BI) Rudy B. Hutabarat as saying that the low inflation would also be boosted by the government's decision to
As we are watching the Federal Reserve lower the Federal Funds rate to 1/4% and witnessing the Federal Government give away 700 billion tax payer dollars I have encountered many economists (and Dan Green) that are speaking about the fears of future inflation. In this context, I just read an interesting posting called The Inflation [...]
"im sorry," she says. "im really really sorry." again and again."geez, you mustve told me that a thousand times already this past year," i say.ok, there's a bit of exaggeration there. maybe just 300-500x.rounded off, as ballpark figures go."and i will say it again ten thousand times," she says, "a million times even.""but why?" i ask in all dumbfounded honesty."because i really mean it," she says.
I have seen many blogs point to the huge increase in the US monetary base and conclude that the US will soon experience hyperinflation and a collapse in the value of the dollar. The graph for US money supply looks pretty dramatic. Never before have the Federal Reserve been increasing the monetary base so rapidly. This year, the growth of M2 has reached double figures. So why did the US see a FALL
The Indian stock market continues to grapple with persisting downtrend on account of global happenings. Worries of deepening recession across world markets have weighed heavily on the Indian stock market in the month of November. The Indian stock market is still anxious over the relentless selling by foreign funds which is affecting the trade sentiment. [...]
How much inflation is really in the pipelines in the US? According to Jim Grant (see his BNN interview here), the amount that the Fed has printed over the last three months is 2.1 TRILLION dollars. This is equivalent to an annualized inflation rate of 2009%. You read that right - four figures.
This is not [...]
Published on India Infoline on 2nd Dec, 2008The recent financial crisis has impacted several industries across the globe. In this article I will be addressing the impact on FMCG sector in India and the changing strategies which are being considered to counter the meltdown.Impact on FMCG SectorPost liberalization, because of the entry of a number of MNCs in India, the FMCG sales went up. But soon b
America is heading towards the path of inflation and under Obama's economic plan it may very well be one of the worst inflationary periods ever experienced.The cornerstone of Obama's economic plan rests on the following, from a CNN story:On Monday, President-elect Barack Obama said the measures would be "creating and saving 2.5 million jobs - jobs rebuilding our crumbling roads and bridges, modern
Inflation data came in yesterday for week ending November 15 at 8.84 percent which is less compared to 8.90% WOW. It was below the expectations , this it was below expectation they where expecting it at 8.60 or something.
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According to a flash estimate of Eurostat statistics office Eurozone inflation plummeted to 2.1% in November after 3.2% in October. While the flash estimate delivers no details on the price changes in the goods basket it can be safely assumed that plunging oil prices and receding commodity prices in general will have contributed prominently to the dramatic decline.Eurozone inflation last held at t
The world is facing the economic slump down. The illustrious Lehman Brothers is into a dire state of misery and as a result America is facing financial threat. This has in turn given rise to inflation and the entire word is left scratching their head that how to handle the prevailing situation?Read More... [Source: Finance Articles from EzineArticles.com - Posted by FreeAutoBlogger]
Here's my To-Do list (and one Not-To-Do, I'll let you guess) for the upcoming holiday week in the big city. While I eagerly await the feast with friends and family on Thursday, I'm compiling here a list of city entertainments in and around the festive day that others, too, may enjoy.Balloon Inflation (see pix, posted Thursday morning): Wednesday, November 26, 2008, approximately 4:00 PM – 8:00 P
Some of us are in fact benefiting in the short term and some of us have sadly lost out big time , but in any event shops are starting to offer price reductions like never before - so now is the time to get that Plasma TV or other expensive item - there are [...]
Inflation has further declined to 8.90 per cent for the week ended November 8 from 8.98 per cent a week ago, a development that may prompt the Reserve Bank to inject more liquidity into the system to overcome the cash crunch.The inflation, measured by movement in wholesale prices, has come down by 0.08 percentage points mainly on account of declining prices of fuel items, triggered by fall in inte
Inflation data has come out morning itself which has stared to give atleast some 50 point releif to the market , the infation for the week ending november 8th stands at 8.9 compared to 8.98 week over week.I saw Mr Rao , wno is from Yes bank started predicting that the inflation will come down [...]
Sensex down by more than 400 points or so due to global bourses melt down , bifty down by almost 123 points or do , Realty down by 7 percent or so ,Bank down by more than 6 percent , Metal,Auto and Power sector almost all down by more than 5 percent.Asian market aslo over [...]
Source: US Bureau of Labor statistics (showing deflation in early 1920s and 1930s)In the MPC's last monthly inflation report they forecast that inflation could fall to 1%. They even hinted at the possibility of deflation. What is deflation and why does it strike fear into economists and policy makers?Deflation is simply a fall in the general price level. If this deflation a result of improved prod
Source: ONSThe ONS reported a significant drop in the inflation rate from 5.2% to 4.5% in October. This is the biggest drop in the inflation rate since April 1992. This means prices are now rising by 4.5% a year.I noticed one comment about this statistic which is quite common:"Inflation isn't falling ! It is rising at more than double the governments target. Things are still rising in price by 4.5
NYMEX Crude Oil May Weaken on Financial Instability Crude Oil (WTI) $57.00 -$1.24 -2.13% The NYMEX WTI Crude Oil finished marginally lower on the day, as a sharp drop in the US Dow Jones Industrials Average led to similar losses in oil prices. Crude oil prices have recently bounced sharply off of recent lows, but the contract may face stiff resistance at the psychologica
India's wholesale price index rose 8.98% in the 12 months to November 1, sharply below the previous week's annual rise of 10.72percent, government data showed on Thursday. Inflation slipped to single digit after 21 weeks.Earlier a Reuters poll showed that the inflation rate was expected to have eased to around 10.4 per cent in early November. The median forecast of 11 economists was for a 10.37 pe
Panel speakers at the conference on international investment in Vietnam, held by the National Committee on International Economic Cooperation in HCM City November 11, believe that Vietnam’s inflation rate may go down to one digit by the end of 2009 instead of the previously forecasted 12-14%.
Two scenarios for inflation
Alain Cany, Chairman of Eurocham, predicted that the global financial
CPI dataThe Bureau of Labor Statistics tracks the Consumer Price Index. One of the prices they track is new vehicle costs. THey have data on prices for new cars dating back to 1935. The following is a graph of the price index from 1935 to 2007:You might notice the gap in data points during the mid 1940's. This was the period during WWII when US production of personal automobiles was halted
The wholesale price index (WPI) Inflation increased marginally to 10.72% for the week ended Oct. 25, 2008, as compared to 10.68% in the week before.The annual rate of inflation stood at 3.11% as on Oct. 27, 2007 i.e. a year ago. Index for Primary Articles group rose by 0.4% from the previous week.The index for Food Articles group rose by 0.4% from previous week`s level due to due to higher prices
Inflation data came out today for week ending october 25th and sorry it has a long wa to go to single digit it went up to 10.72 percent for the week ending October 25 2008 which was up from versus 10.68% during the previous week before October 25 2008 .
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Lower commodity and energy prices led to a light decline of consumer prices in the 30 country strong Organisation for Economic Cooperation and Development (OECD) in September. A headline figure of 4.5% (August 4.7%) is overshadowed by hefty raises for food and energy, said the OECD on Tuesday.Consumer prices in the OECD area rose by 4.5% in the year to September 2008, compared with 4.7% in the yea
CNBC - Jim Rogers: Inflation Down The Road MUST READ this full article at link w/Anna Schwartz referenced by RogersBernanke Is Fighting the Last War by WSJ snips:'Everything works much better when wrong decisions are punished and good decisions make you rich.'On Aug. 9, 2007, central banks around the world first intervened to stanch what has become a massive credit crunch. Since then, the Federal
Fiscal Cat 5 Hurricane Warning by Market Ticker snip:You only think the Stock Market has been smashed. Just wait until you see what will come next. If you're playing "Buffett", following his claim (note: there is no penalty for lying on national television about what you're doing in your personal account) that he's buying here, there is a little ugly fact you need to be aware of.That fact is tre
Inflation fell to 11.07% for week ended 11th October 08 against 11.44% of the previous week. The inflation was 3.07% for the corresponding week of the previous year. However, inflation for week ended 16-08-08 was revised upwards to 12.82% from 12.40%.
Looking to the steep fall in global commodity prices like crude, steel, non-ferrous metals as also due to food prices coming under control on the
As I notice a lively discussion in cyberspace whether we are in an inflationary or deflationary period here is a preview of how "rich" everybody was in the Great German depression 1922/23. These 2 banknotes should sober up everybody.At the beginning of the Germany's monetary downfall one Federal Reserve Note was worth 4 Reichsmark. Only 2 years later one FRN was worth 4.2 billion Reichsmark. So mu
Under the plan suggested by the Electricity of Vietnam (EVN), the price of electricity will be calculated based on factors that affect production costs. Moreover, the price of electricity for household consumption will be raised to abolish the unsuitable gap between the prices of electricity for household consumption and production.
Double price increase suggested
According to the proposal
Being a history lover, I know what happened to the German Republic after World War I. But it’s the first time I’m hearing about the Weimar Republic. Watch the video below and especially listen from 3:52 to 4:30. Printing truckloads of new money is not the answer. Americans!! Stop borrowing at a loss and [...]
With commodity prices imploding...Does this mean inflation is over... is the bigger evil Deflation?? In the Depression of the 1930s this was one of the major problems...What is interesting is the Asian economies in 1998 experienced tremendous Deflation ( Debt Deflation) which lead to MASSIVE Inflation...More so with the printing presses running in the US and the rest of the world..what effect will
Inflation is down at 11.44%, down from 11.80% week-on-week. The Wholesale Price Index (WPI) for all commodities was down 0.5% at 239.6 week-on-week.
Inflation internals:
Primary articles up 0.2%;...
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Bond markets have started heading south despite the falls on Wall Street - not the normal reaction and an indication that this huge market has begun to sniff its biggest enemy: inflation.
This is odd because deflation of assets - from houses to stocks - is the big issue now. Could this fall in bonds indicate [...]
Amidst all the talk of impending recession and possible bank collapse, an inflation rate above the government's target seems of minor significance. Yet, the news that CPI inflation increased from 4.7% to 5.2% will offer no encouragement to the MPC and government.The main cause of the inflation is rising gas and electricity prices. Gas prices rose nearly 50% from 12 months ago.It is bad news for pe
Central banks' move to guarantee deposits and inject liquidity may produce inflationary pressure, according to some market watchers. Marc Faber, managing director of Asia-based investment advisory firm Marc Faber Ltd, said,"You have inflationary monetary policies, fiscal policies, and debt growth that will really accelerate." When asked abot US situation now, Warren Buffett replied: "It's much eas
A number of independent writers have expressed concerns of deflation, while others such as Peter Schiff have repeatedly maintained that developed nations, particularly the US, face unprecedented inflation. So who is “correct”? Who cares. The more important question lies in mechanics of staying profitable alongside this uncertainty. Exploring both scenarios In an exaggerated inflationar
Its time for us to save our money for future use. The economic now aday is not stable. So i decide to make an article that The 5 Ways to Save Money.1. Control Extenditure2. Save Part of Money Every Month3. Buy Quality Product4. Avoid Loan 5. Not spend time to much when holiday comes6. Avoid Gamble
A shortage of about 28000 housing units in Abu Dhabi is likely this year, with the rents forging up, adding to inflation in the UAE capital.
The current projects that are nearing completion will form only 20 percent of the required housing.
As per the report from Chamber of Commerce, the shortage in housing units will lead to increase in rents, which constitute the largest portion of consumer
Readers Question: What is More Likely - Inflation or Deflation? This seems paradoxical as inflation is the opposite of deflation - why might we be concerned with both at the present time?Is Deflation a possibility?Deflation is a fall in the general price level. It is quite rare amongst Western Economies. The last serious period of deflation was during the Great Depression of the 1930s (though Ja
A new programme aims to improve management of small and medium-sized enterprises (SMEs) across Viet Nam . Launched by the Association of Vietnam’s Small and Medium Sized Enterprises, the programme aims to help SMEs during a time of high inflation when these enterprises face increasing challenges to remain viable.
The country now has more than 300,000 enterprises, with SMEs accounting for 97%.
Sep. 29 (Bloomberg) - "Fed Pumps Further $630 Billion Into
Financial System (aka balloon).
See
Can you say, "Drive-by looting of the American people?"
According to Fed Chairman Ben Bernanke's own testimony on
July 17, 2008,
inflation is a tax imposed on the American people by the Federal
Reserve (aka the central bankers that took control of the U.S.
monetary system back in 1913 - watch Ben
Remember how my only real splurges were my 86¢ Union Station bananas? Well, they went up. And not by a little, but by a whopping 12%!That's right, instead of getting my usual dime and nickel back from the cashier (they never bothered breaking down the 14 cents), i was handed over 3 measly pennies yesterday :(What a shame too. I was already sucking it up by blowing 86¢ every day, but 97¢ is push
As if you needed telling, recent research has discovered that the costs of running a business has increased by twice the general rate of inflation over the last two years.
The Business Inflation Guide is produced by the insurance company More Than Business, it claims to measure twenty of the most important expenditure items for small [...]
All the recently announced government bailouts will cause huge amounts of inflation, driving up the price of gold. That should be great for the stock prices of gold producers. Also, the prices of gold mining stocks have gone down recently far below the prices you might expect from looking at the price of gold, so [...]
It is claimed that once the “spike” of inflation has past the Bank of England will be better placed to cut interest rates. A Council of Mortgage Lenders spokesperson stated that the MPC (monetary policy committee), are unable to reduce interest rates, because inflation is too high.
Here I am giving you a formula to calculate the future maturity value of an investment. The positive side of this formula is, it is taking care of the inflation adjusted calculation. This is also useful to calculate the inflation adjusted future expense of your family compare with present expense. Knowing this formula is a must while doing the financial plan because of its capacity to predict and
As per the ABS (Australian Bureau of Statistics), export prices in Australia recorded a rise of 13.5% in Q2 2008, as reported by news.com.au. The export prices increased 13.3% in Q2 2008 - the highest quarterly increase since September 1974. This is due to a rise of 54.2% in prices paid for briquettes, coke and [...]
There are a number of interesting stories in the rounds today.Vodafone have gained the fixed line licence after winning the mobile licence several months ago. No-one seems to be very surprised, and in contrast to the first round only two companies actually bothered to bid against them. The company got the licence for a song too - they only paid QAR 10 million for the fixed licence, as opposed to Q
Singapore's jobless rate rose to 2.3% in the second quarter after seasonal adjustments, compared to 2% in the first three months, in line with expectations of rising unemployment amid a slowing economy.For the second consecutive quarter, the overall unemployment rate rose from a seasonally adjusted 1.7% in December to 2% in March and further to 2.3% in June.Construction Industry added most jobsThe
Highest Grossing Films of All Time Adjusted for Inflation vs Despite TDK owning the number 2 spot as the second highest grossing film of all time, adjusted for inflation...that number reduces significantly.RankTitle (click to view)StudioAdjusted GrossUnadjusted GrossYear^1 Gone with the Wind MGM $1,430,476,000 $198,676,459 1939^ 2 Star Wars Fox $1,261,086,700 $460,998,007 1977^ 3 The Sound of
It seems that a lot of people have been noticing that inflation is shooting through the roof.But don't worry about it.Everyone on the television is telling you that everything is going to be just fine.So go back to sleep.
Inflation fell for the third week in succession to close at 12.1 per cent as on August 30 from 12.34 per cent recorded a week earlier.While food articles rose 0.2 per cent, primary articles were up by 0.3 per cent and non-food articles also by 0.3 per cent. Manufactured products recorded a similar rise by 0.3 per cent, while food products rose 1.3 per cent. Fuel, power and light, however, remaine
Inflation for the week ended August 30 has come at 12.1% versus 12.34%. Experts feel this is not a comforting number and it will disturb the confidence as the index is simply not coming down. The base effect saves the day on a year on year basis but it shatters expectations that inflation is peaking off. The manufacturing index is the nasty number and is 0.3% higher and is a cause for worry.(Ad)Ge
Inflation data came out today for week ending august 30th and its less than the one that came previous week , its at 12.10 percent as compared to 12.34% . Inflation for week-ended July 5 revised to 12.19 percent from 11.91 percent.
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US treasury secretary Henry Paulson was honest enough when he admitted that the true cost of the nationalization of the US mortgage agencies Freddie Mac and Fannie Mae is impossible to assess. These agencies guarantee more than $5,000bn in US home loans, and this is a considerable addition to the national debt, however you choose [...]
Rats… To many of us, rats are a disgusting creature that we cannot wait to have killed or removed. However in Cambodia, no rat is left to a waste… especially not when inflation has increased the cost of meat almost double in the last year.Many Cambodians already believed rat meat to be a great source of protein and a tasty little snack when gathered together drinking, but the popularity of the
Inflation data came out yesterday sorry to report it this late its standing at 12.34 percent for week ending August 23rd 2008 , I’m sure its set to raise more , it cant just go down because i don’t see any of the price going down when it comes to food , anyway we will [...]
The communist central government in China is starting to sweat a slowdown in the national economy of the world most populated country. It has begun to dawn on...
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Chuo Nippo, a Korean Internet Newssite based in Seoul reported an article about a central bank report comparing Japanese and Korean environmental policies of the past 30 years.According to Chuo Nippo, Japan has been constantly putting effort on increasing energy efficiency and developing alternate fuel after the oil shock, or in other words tackling the issue by quality. As a result Japanese indus
Finally after a long time not sure when it went down but this week its good news it dint go up but it just came down by .20 percent or so .The inflation for the week ending August 16 2008 is at 12.40 percent versus 12.63 percent.Receive Free SMS Updates from us SMS JOIN IndianMoneyPlus and Send to 567678.Help us growing Big and serve you better. Tell your friend about us .
It is 2008, and you are 30 years old. You are in your prime, are progressing well, and life looks very comfortable!
What would the scenario be like in 20 years, when you turn 50? How would the prices of essentials be? How would your monthly budget (and expenses) be affected by price movements?
This article discusses these things, and tells you how to keep yourself away from financial trouble in
Rats are on high demand in Cambodia as there thr inflation which is almost 37% has put other meat prices beyond reach of lower class people.
The price for rat meat up to around 5,000 riel ($1.28) from 1,200 riel last year as the demand is almost 4 times than it was last year.
I'll be totally honest here: I haven't tracked my spending in months. Around last November I estimated a bare minimum for monthly spending. I was extra careful to stick to it in the following months. I'd turn down lunch invitations, get creative with meal preparation, watch for sales, and put off big ticket purchases. I got so good at it that I eventually stopped keeping track. That worked f
N.B. - This was published in the July 2008 issue of the Philippine Journalism Review (PJR) Reports (pp. 11-12), the full text of which may also be retrieved from
Journalists are expected to refer to official sources of information in writing and producing their reports. There is, however, a potential failure in giving relevant information [...]
MTI has reported that Singapore inflation rate for July 2008 has eased to 6.5% from the 7.5% in the last three months, but still at record high level.A key contributor to the persistent high inflation is soaring housing costs. A sub-index for housing costs was up 12.5% in July 2008 from a year earlier. To this, some forumers said HDB is responsible to a large extent. Some of their views are given
According to a recent article published by Bloomberg.com, there might be light at the end of the tunnel as far as the Japanese economy is concerned. The stock market actually made significant games for the first time in a week or so and many of the concerns that were surrounding inflation and the credit [...]
I wonder how many Americans understand that we no longer live in the equitable society our founding fathers set out to construct in the final draft of our Constitution. Maybe more people than I think. I hope so. I would hate to think our society never was an equitable one. I [...]
Bull said:In time of high inflationary pressure like this, the skyhigh construction cost alone is enough to push up further the property prices ....Bear replied:To go on and on talking about how the skyhigh construction cost alone is enough to push up further the ppty prices shows your total self-centredness, thinking that all buyers must buy just because you think they must. Here's the truth, sky
As reported here yesterday, the inflation figures were out for the week ending Aug 8th and now it stands at whooping 12.63% as against 12.44% for the previous week.The inflation figures stood at 4.24% in the corresponding week last year. So it is slowly inching towards the psychological 13% mark as being predicted by the [...]
Inflation for week ending Aug 9 2008 came yesterday and there is no improvement at all it is at 12.63% compared to 12.44% week ago aug 9th 2008.
What had raise the inflation
30 Essential Commodities up at 6.74% VS 6.54%
Primary Articles up at 11.83% VS 11.43%
Fuel & Power unchanged at 17.99%
Manufactured~products up at 10.91% VS [...]
Well for anyone (except apparently economists) it really shouldn’t come as a surprise that inflation in Canada is on the rise. The inflation rate in Canada is now sitting at approximately 3.4% versus 3.1% during the same period last year. Although 3.4% is quite manageable for most households it is the largest increase we’ve seen in the last five years. Here are the main culprits behind the ris
Vietnam's five-year bonds fell, snapping a four-day advance, on speculation...
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Huynh Anh Tuan, chief executive officer of Ho Chi Minh City-based SJC...
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Austin, TX - (ZPRYME NEWS) – 08/21/08 – The retail markets and the consumer markets in Brazil seem to be more at ease than the rest of the countries which are bothered by inflation. According to Reuters on UPDATE 3 – Brazil inflation eases unexpectedly in June, there was an unexpected slowdown in the [...]
Good news for everyone who was waiting for Cost Inflation Index for FY 2008-09. It is notified .August 13, 2008Notification No. 86/2008Section 48, Explanation (v) of the Income-Tax Act, 1961 -Notified Cost of Inflation Index for the Financial Year 2008-09In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Governme
SECTION 48, EXPLANATION (V) OF THE INCOME-TAX ACT, 1961 - NOTIFIED COST INFLATION INDEX FOR FINANCIAL YEAR 2008-09
NOTIFICATION NO. 86/2008, DATED 13-8-2008 In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to seventy-five per cent of the average rise in the Consumer Price Index fo
By John K. CastleGrowing evidence suggests American consumers, businesspeople, and political leaders should all be bracing for double-digit inflation, probably as early as 2009.The relative price stability of the past 15 years is giving way to worsening inflation, despite the recent softening of oil prices. The Consumer Price Index for all items shows the inflation rate averaged 2.6% a year from 1
A few winters ago, British Rail explained the late arrival of trains because of the the 'wrong kind of snow'. Presumably they were hoping for the kind of snow, that cleans the tracks before obligingly melting away. With global inflation increasing, many are talking of the 'wrong kind of inflation' This is because the inflation is cost push. It increases living costs (aggregate supply shifts to th
HONG KONG : Hong Kong shoppers, ever on the hunt for a bargain, are tackling soaring food prices by getting together and buying in bulk, but experts warn the trend could make the inflation problem even worse.Hong Kong households have been struggling with inflation that officially hit six percent in July, but which many fear is actually higher as pork and rice prices have soared by up to 64 percent
Bull wrote:all property owners dont worry if you are keeping your property for the long term ... any price fall will rise ... with rising construction costs property prices will eventually rise ... anyway the good news is dont expect prices to fall much as spore's growth is good ... prices will in fact start to rise gradually ... the bears who now have lots of cash will eventually pay current or h
This article very interestingPl go through it and pl spread this to allNice Logic - It May Work !!A man eats two eggs each morning for breakfast. When he goes to the Kirana store he pays Rs. 12 a dozen. Since a dozen eggs won't last a week he normally buys two dozens at a time. One day while buying eggs he notices that the price has risen to Rs. 16. The next time he buys groceries, eggs are Rs.
SOME building projects in Singapore are facing cost blowouts of 30 to 50 per cent above their original budget as higher construction costs bite hard.Please note that increase in construction cost is due to the building of the IRs that suck all the resources from the local construction scene. Industry watchers expect costs to taper once the IRs are completed.Contrary to popular beliefs, increase in
I've just finished reading the article from thestar about stretching the ringgit.I believe this issue is more serious than what the government thinks.Sad to say an average Malaysian earn meager income compared to other countries, and a drasting 40% increase in something so essential in our Malaysian life such as petrol price have absolutely increased much burden. Not forgetting the domino effect t
According to Wal-Mart's Chief Financial Officer, Wal-Mart is dedicated to maintain low prices despite growing pressures from its suppliers. Wal-Mart suppliers are now facing the steepest inflation in the U.S. in over 17 years as rising costs have now stretched beyond oil and food. Wal-Mart stated that they are not only trying to maintain prices, but also increase the number of price cuts in its
Inflation for the week ended August 2 has come at 12.44% versus 12.01%. Inflation is at a 16 year high.This means that there will surely be an action taken by RBI.This will tighten the monetary.This will increase the fuel and food prices.This is a matter of great concern.Experts expect that inflation will reach 17% before coming down.Our Finance Minister Mr. Chidambaram had said that Inflation wil
The Inflation data came today and it was not really that was expected its low in 17 years i think , suddenly it had a good increase and its at 12.44 percent for the week ending August 2, 2008 stands at 12.44 per cent, higher than the rate of 12.01 per cent reported last [...]
Some acquittal in the acutely adamant inflationary pressures adverse the abridgement was promised bygone with the advertisement of the latest abstracts on "factory aboideau prices", the ambassador amount index. Helped by a aciculate abatement in the amount of oil and added bolt over the month, British industry appear that ascribe costs in fact fell in July, by 0.6 per cent. Such an abatement in am
According to Nguyen Minh Phong from the Hanoi Socio-Economic Institute, a CPI at 5% provides ideal conditions for the real estate market to operate well. Phong said that high inflation has direct and indirect impacts on real estate investments. First, high inflation makes input expenses higher. Second, high inflation slows down the execution of real estate projects, thus reducing the supply on the
I've said all along that you need to be thinking ahead and preparing your portfolio for various potential economic and market scenarios. And, I've roughly broken down these scenarios into two environments: inflationary & deflationary. So, after much reading, pondering, and hypothesizing, I've come up with my broad gameplan for each scenario.Inflationary EnvironmentIn an inflationary scenario