- The May 2022 data for the United States suggest that the current bout of inflation may be peaking. The contrast between the annual rate of change for consumer prices and producer prices indicate that the process may be approaching its upper limits. https://capitalaspower.com/casp-forum/topic/inflation-is-always-and-everywhere-a-redistributional-phenomenon/#post-248114 2 comments economy
- South Korea's state power firm Korea Electric Power Corp will freeze country's electricity rates in first quarter of 2022 amid rising inflation. KEPCO decided to set adjusted unit fuel cost at zero won per kilowatt-hour for January-March period of next year, the same as that three months earlier. https://www.koreatimes.co.kr/www/nation/2021/12/281_320832.html 4 comments worldnews