The inflation data for November came out - CPI rose 0.7% year-on-year. the feeling of people in the city is more obvious, also 0.7%; The countryside is slightly milder, 0.4%. The food category basically did not rise much, only 0.2%, but other things quietly became 0.8% more expensive.
Pull through in the first 11 months? It is almost the same as last year.
To be honest, this is a positive sign. We have been in the quagmire of low inflation and even deflation long enough, and I really hope that CPI can continue to rise, preferably to climb to the healthy range of 3%-5%. The economy needs a little temperature, and the market needs a little vitality, doesn't it? After all, moderate inflation means that demand is recovering and money is flowing.
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ArbitrageBot
· 6h ago
0.7%? Is that even considered a rise? What I feel in my wallet is definitely more than that.
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BlockchainNewbie
· 12-10 07:13
0.7% of this data... To be honest, it's a bit embarrassing, it's still far from 3-5%
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HodlTheDoor
· 12-10 07:12
0.7%? This increase is too lukewarm, and I feel that the market is still not up
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TokenVelocity
· 12-10 06:55
0.7%? Still sleepwalking, this is called a positive signal
The inflation data for November came out - CPI rose 0.7% year-on-year. the feeling of people in the city is more obvious, also 0.7%; The countryside is slightly milder, 0.4%. The food category basically did not rise much, only 0.2%, but other things quietly became 0.8% more expensive.
Pull through in the first 11 months? It is almost the same as last year.
To be honest, this is a positive sign. We have been in the quagmire of low inflation and even deflation long enough, and I really hope that CPI can continue to rise, preferably to climb to the healthy range of 3%-5%. The economy needs a little temperature, and the market needs a little vitality, doesn't it? After all, moderate inflation means that demand is recovering and money is flowing.