The latest Bank of England CPI inflation forecasts.
UK Credit Card Spending is Going Up
A common way to assess how quickly households are taking on consumer credit is to look at the annual growth rate.
A Year of CPI Inflation Forecasts
The Bank of England CPI inflation forecasts over the past year together with the actual observed inflation.
What Powers the World?
What powers the world? How much comes from fossil fuels and how much from renewable energies? How much has this change since 1965? The Chart Of The Week shows the evolution of the energy mix from 1965 to today.
How much Oil and Petroleum Products does the U.S. import from Russia?
At the beginning of the month (March 08, 2022) the U.S. announced a ban on all imports of Russian oil (including petroleum products). But, how much oil does the U.S. really import from Russia?
Europe’s Dependance on Russian Gas
The recent events in Ukraine have highlighted the importance for the EU and UK to diversify its energy sources. In particular, to reduce its dependency on Russia’s oil, natural gas, and coal.
Oil Shocks and the Probability of U.S. Recession
This chart was motivated by the article History Suggests Oil Shock Raises Probability of U.S. Recession published last Friday by Bloomberg. According to the article, historical data shows that big surges in crude-oil prices have ended U.S. economic expansions and tipped the U.S. economy into recession.
Bitcoin a Big Winner during the Pandemic Crisis
As of today Bitcoin is trading at around $43K. This is about 50% down from its November 2021 record high. However, this is more than 80% up compared with its value at the beginning of the covid-19 crisis.
Annual Military Spending
Military expenditure by the top 15 countries reached $1603 billion in 2020 and accounted for 81 per cent of global military spending.
4 Charts on the UK Inflation Projections
Four ways to visualise CPI inflation forecasts.