Deflation Spreading Worldwide: Inflation Drops in U.S, Eurozone, India, Japan, And China Despite Interest Rate Cuts And QEs… Printing Money Can’t Beat this Deflationary Dilemma?!?!
U.S. wholesale prices fall sharply in April
U.S. wholesale prices sank in April for the second straight month as the cost of gasoline and vegetables fell sharply.
The producer-price index declined by a seasonally adjusted 0.7% to mark the biggest drop in more than three years, the Labor Department said Wednesday. Economists surveyed by MarketWatch had predicted a 0.7% decrease in April, following a 0.6% decline in March.
India: Inflation drops to 4.89% in April, lowest since November 2009
NEW DELHI: Declining price of food items, including fruits and vegetables, pulled down inflation to nearly a three-and-a-half-year low of 4.89% in April, which may present a case for further monetary policy easing.
Inflation based on the Wholesale Price Index (WPI) stood at 5.96% in March. In April, 2012, it was 7.50%.
This is the lowest level of inflation since November, 2009 when it was 4.78%.
As per official data released today, WPI inflation in the manufactured items category declined to 3.41% in April from 4.07% in March.
Investors Are Freaking Out About A Chinese Economic Hard-Landing Again
Chinese growth expectations also went negative for the first time in 14 months.
China inflation drops sharply in March
Food prices also dropped to 2.1% growth in March, relative to 6% inflation in the previous month. Food is an important gauge of cost of living expenses in China. It accounts for more than a third of the country’s inflation calculation, and for rural families, it makes up the bulk of expenses.
http://theworldnewsdigest.com/inflation-in-china-drops-sharply-in-march/
The Eurozone Enters Its Longest-Ever Slump: Germany GDP misses forecast, France slipped into its third recession, Italy and Spain both saw GDP drop 0.5%.
Bank of Japan stands firm while deflation worsens
The Bank of Japan said Friday it expects prices to rise as a result of its ambitious stimulus plan, even as a separate report showed deflation accelerated last month.
Japan’s consumer price index fell by 0.5% in March, the government said. Prices have now declined for five consecutive months, underscoring the monumental task facing GovernorHaruhiko Kuroda as he works to reverse 15 years of deflation.
http://money.cnn.com/2013/04/26/news/economy/bank-of-japan/index.html
Japan’s New Export: Deflation?
Lower yen means dearer currencies for Asian competitors, just as China slows. 1997 redux?
http://online.barrons.com/article/SB50001424052748703318404578428601005580158.html
Eurozone inflation drops for third straight month
Inflation in the eurozone has fallen to 1.7 percent, comfortably within the European Central Bank’s target range of just below 2 percent. The drop reflects the currency union’s weak economy and high unemployment.
Inflation across the 17 countries that use the euro currency dropped slightly in March, keeping it in line with the European Central Bank’s target, the European Union statistics office said on Wednesday.
http://www.dw.de/eurozone-inflation-drops-for-third-straight-month/a-16716144
Gold And Silver Are In Liquidation Mode Again
It’s happening again. Gold and silver are lin liquidation mode.
Both of the two precious metals are back to being taken to the woodshed.
Gold looks at risk of breaking below $1400/oz. again.
And silver is just plain ugly.
Read more: http://www.businessinsider.com/gold-and-silver-are-falling-may-15-2013-5#ixzz2TMp3gX2o
A Wave Of Surprise Interest Rate Cuts Just Hit Global Markets
Read more at http://investmentwatchblog.com
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).