OECD energy inflation declined to 2.3% in June from 2.5% in May, with falls in 24 countries. Significant differences continued to be recorded across OECD countries: energy prices in June rose by 10% or more year-on-year in Türkiye, Colombia, Belgium, Chile, and Denmark, while they fell by more than 10% year-on-year in the United Kingdom, Sweden, Lithuania, and Norway. | #OECDStats | OECD Statistics 🔗 https://brnw.ch/21wLJOO
Post de OECD-OCDE
Plus de posts pertinents
-
Inclusive Finance Expert | Lead Sustainability Advisor at Ankon Consulting | Expert in Climate Finance & Gender Inclusion | Accredited UNDP/SDG Impact Standards Trainer | Member of SVI | Board Member of SVI Türkiye
Energy inflation impacts economies by increasing the cost of living and production, potentially slowing economic growth. It leads to higher expenses for businesses and consumers, affecting overall economic stability and growth rates. Turkiye has the highest rate among OECD with 34 % which also places pressure to the high inflation rates in the country.
In March 2024, OECD energy inflation was positive for the first time since April 2023, at 0.6%. Energy inflation increased in 28 OECD countries, 12 of which remained in negative energy inflation, as prices declined more slowly. 🔗 https://brnw.ch/21wK60g | #OECDStats
Identifiez-vous pour afficher ou ajouter un commentaire
-
Professor and Researcher | Manager, Futurologist, International Management, Sustainability, Interdisciplinary Studies
📈 🌐 Understanding the Global Inflation Landscape: Energizing Insights 💡📈 Recent #OECD #data_indicates a nuanced scenario in the realm of #energy_inflation. Energy inflation surged between #August and #September in 22 OECD #countries, signaling a notable trend shift. However, intriguingly, the overall energy inflation remained negative across the OECD as a whole. The relationship between inflation rates and #cultural_economic_factors is a multifaceted and intricate one, often influenced by various elements encapsulated in the #7PS_model. In the 7PS model, #culture indeed occupies the primary position as the foundational pillar of sustainability, followed by other key dimensions such as 2-) #environment, 3-) #social, 4-) #economic, 5-)#technical, 6-)#educational, and 7-) #political aspects. In addition #values of #PEACE and #LOVE. This intriguing dichotomy is a testament to the diverse economic situations within the OECD. It points to the need for a deeper understanding of the intricate factors influencing energy inflation trends. Utilizing the X.0 wave/age theory and the 7PS model, we delve into these disparities, exploring the multifaceted dynamics that contribute to this contrasting narrative. The X.0 wave/age theory enables us to contextualize these fluctuations within broader economic paradigms, while the 7PS model provides a #comprehensive_framework to dissect the contributing elements—ranging from policies and politics to societal shifts and technological advancements. This juncture prompts us to engage in a deeper analysis, understanding the macro and microeconomic facets driving energy inflation divergence within and across nations. It calls for collaborative efforts, leveraging insights to navigate these intricate patterns and chart a course for more balanced and resilient economic landscapes. Let's harness the power of #data_driven analysis and strategic planning, guided by these models, to foster better comprehension and informed #decision_making in these fluctuating economic times. Navigating globalized economy's inflation challenges demands an integrative approach. Recent OECD data revealing contrasting energy inflation trends within its member states underscore the need for nuanced management. Harnessing the insights provided by the #7PS_model and #X0WaveAgeTheory becomes pivotal. This amalgamation of cultural, economic, and technological aspects within a broader economic context equips global management with a strategic compass to steer through fluctuating economic terrains. Empowering decision-making through these models fosters adaptability and resilience in managing inflation in our interconnected world. #GlobalManagement #EconomicInsights #DataDrivenDecisions #EconomicInsights #GlobalInflation #X0WaveAgeTheory #7PSModel #DataAnalysis #EconomicTrends #OECDInsights #hamid_doost_mohammadian 📊🌍💡📈
Energy inflation increased between August and September in 22 OECD countries but remained negative in the OECD as a whole. 🔗 https://brnw.ch/21wEws1 | #OECDStats
Identifiez-vous pour afficher ou ajouter un commentaire
-
Decoupling of GDP growth from emissions growth has not yet happened in emerging and frontier markets. We estimate that 6.3% of GDP (about $2.6 trillion, or $1.4 trillion excluding China) is required by 2030 to achieve the committed share of renewables in electricity production under the IEA's Stated Policies Scenario: https://okt.to/ZQRI0e
Identifiez-vous pour afficher ou ajouter un commentaire
-
As #EmergingMarkets and #FrontierMarkets catch up, their energy demand could converge with that of advanced economies, raising the need to expand the clean energy supply and avoid increased reliance on fossil fuels. Financing is one of the impediments to the energy transition, especially in frontier economies, which we estimate would need to spend 4x more than emerging markets.
Decoupling of GDP growth from emissions growth has not yet happened in emerging and frontier markets. We estimate that 6.3% of GDP (about $2.6 trillion, or $1.4 trillion excluding China) is required by 2030 to achieve the committed share of renewables in electricity production under the IEA's Stated Policies Scenario: https://okt.to/ZQRI0e
Identifiez-vous pour afficher ou ajouter un commentaire
-
Adj.Professor Financial Markets, Credit and Banking @ Unicatt, Milan. CrudeOil, NaturalGas specialist. Tweet @degiorgiod
I understand IEA is patting their shoulders because in 2023 DEs Nominal GDPs have increased as CO2 have fallen. Question: have you seen Real Income and Real Wage (see below for EA20) statistics yet for countries other than the US? Also, I have news for you: developed economies CO2 emissions have been on a net decline for 15 years (click below). https://lnkd.in/dmRgjgDC
Identifiez-vous pour afficher ou ajouter un commentaire
-
In the first quarter of 2024, the EU economy greenhouse gas emissions registered a 4 % decrease compared with the same quarter of 2023, while the EU GDP slightly increased. Who is leading ? ⚡ Electricity & gas supply (16.4%), as well as households (4.4%) were responsible for the largest reductions, when comparing Q1 2024 with Q1 2023. 🥇 The largest GHG reductions are estimated for Bulgaria (-15.2%), Germany (-6.7%) and Belgium (-6.0%). Belgium, Bulgaria and 10 other countries cut their emissions while also growing their GDP. Check the latest Eurostat data ➡ https://lnkd.in/eisfZ7bE #decarbonisation #electrification
EU economy greenhouse gas emissions: -4.0% in Q1 2024
ec.europa.eu
Identifiez-vous pour afficher ou ajouter un commentaire
-
A S&P Global Insights report shows a stringent emissions cap could cost Canada 51,000 jobs and $247 billion in GDP contributions by 2035. “Declines in production forced on the industry by a stringent emissions cap could result in significant job losses for Canadians, severe impacts on the economy and our GDP, and have the potential to compromise Canada’s energy security and prosperity. Canada has a choice. We can discourage growth in one of the country’s largest industries and pursue aggressive climate policy at the highest cost to Canadians, or we can encourage growth and prosperity while still delivering emissions intensities reductions.” - CAPP President & CEO, Lisa A. Baiton, MBA, ICD.D Read the news release and report here: https://lnkd.in/gPyykMSY
CAPP commissioned report shows a stringent emissions cap could cost Canada 51,000 jobs and $247 billion in GDP contributions by 2035
capp.ca
Identifiez-vous pour afficher ou ajouter un commentaire
-
Clean energy marketing and communications leader fighting climate collapse | Storyteller, making complex energy subjects relatable | 🌱Plant based
Economic growth is beginning to decouple from #BigOil thanks to #cleanenergy "Clean energy added about US$320 billion to the world economy last year, accounting for 10% of global GDP growth, according to a study from the International Energy Agency (IEA)." "In the US, the GDP grew by 2.5% in 2023, partly driven by the Inflation Reduction Act (IRA), which spurred the investment growth in clean energy manufacturing. Clean energy growth accounted for about 6% of GDP growth." https://lnkd.in/ej-J2YzS
Identifiez-vous pour afficher ou ajouter un commentaire
-
#UruguayEconomicOutlook. June 2024 | 🔍📊After a weak #GDP growth of 0.4% in 2023, activity will grow 3.2% in 2024 due to the recovery of the agricultural sector, hydroelectric power generation and private #consumption. By Marcos Dal Bianco, Juan Manuel Manías and Adriana H..
Download associated documents
bbvaresearch.com
Identifiez-vous pour afficher ou ajouter un commentaire
-
Inflation in electricity charges decelerates amid govt intervention Research experts Simonis Storm have said that inflation in electricity charges decelerated to 7.6% y/y in July 2024, a slowdown attributed to the government's intervention, which cancelled the usual electricity rate hike that typically occurs in July. The Namibian government has allocated approximately N$365 million to subsidise electricity costs for the 2024/2025 financial year, effective from 1st July 2024 to 30th June 2025. https://lnkd.in/dYZWvkpP
Inflation in electricity charges decelerates amid govt intervention
https://nambusinessexpress.com
Identifiez-vous pour afficher ou ajouter un commentaire
608 655 abonnés