Nov. and Dec. Consumer Price Indexes Published; Inflation Down

CPIs show soaring gold prices, finance-class dominance, and a surge in bank transactions—read the full breakdown.

The consumer price indexes (CPIs) for November and December 2024 have been published by the Department of Commerce, indicating a sharp decline in inflation, as well as a concentration of much of Redmont’s economy with the finance class, who were responsible for the majority of purchases and sales in these months.

“Our CPIs now show item names, which is useful for custom items as previously they weren’t distinguishable,” said Commerce Secretary Tuk. “Gold prices have gone up substantially, and there seems to be a lot of growth in bank transactions, as reflected by purchases of bank notes like DB $10k.”

The November and December CPIs reflect a large shift of capital from private accumulation to finance accumulation, with mass purchases of bank notes and millions of dollars being deposited in bank accounts. This seems to be part of a general trend of the Redmont economy ballooning in size, both in the upper class (as reflected by the increase in purchases of bank notes), as well as the working class (due to a massive influx of new citizens).

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