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Steven - - -
Jan 09 15:39 pm
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All Comments by John Lounsbury »ECRI: Worldwide Inflation Plunge Still Continues [View article]
It is interesting that the Eurozone FUTURE Inflation Gauge shows its first drop in September, just when the current deflationary trend took hold. Perhaps in this case it should be renamed to use the word CURRENT. Many of the individual country gauges have shown drops preceeding the Eurozone indicator, so it may be that this coincident behavior is a relatively rare event. (This coincidence is a coincidence?)
Looking over all the charts presented, I am tempted to guess that a return to inflationary pressure will follow by 0-12 months upturns in the future inflation gauges. This guess is subject to more informed opinion when I have a broader historical data reference.
I hope you will be able to follow these indicators and keep us all informed on how they move in the future.