Inflation in the United States of America at the beginning of 2023 (02/12/2023) is 6.5%, while the level planned by the authorities is 2.9%. At the end of December 2022, it was 6.9 percent in annual terms, compared with 7.1 percent in November, the US Department of Labor said. This is the lowest level since October 2021, when inflation was 6.2 percent.
On a monthly basis, consumer prices fell by 0.1 percent in the last month of last year. At the same time, core inflation in the United States, excluding food and energy prices, slowed in annual terms in December to 5.7 percent from 6 percent in November, and accelerated to 0.3 percent on a monthly basis compared to 0.2 percent. percent in November.
The US economy will enter recession in 2023, shrinking by about 0.8%. This forecast was made by S&P Global Ratings economist Beth Ann Bovino. She compared such a fall to the situation of 1969–1970. By the way, then the economic recession also occurred due to the acceleration of inflation. The recession began in December 1969 and ended 11 months later.
Inflation in the US has been above 8% for several months now. At the same time, the optimal indicator, according to the Fed, is 2%. This information is provided by MarketWatch. By the way, earlier analysts at Deutsche Bank predicted that the recession in the United States would be short-lived and would begin around mid-2023. At this time, the stock markets are expected to collapse by about 25%
