Punktinflation

English translation: one-off inflation, non-recurring inflation

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Punktinflation
English translation:one-off inflation, non-recurring inflation
Entered by: Simona de Logu

14:54 Jun 23, 2008
German to English translations [PRO]
Bus/Financial - Economics
German term or phrase: Punktinflation
Below is a section of text. Can anyone explain what is meant by "punktinflation" and provide a translation.
Thank you!

Einer der grossen Profiteure der Inflation ist der Staat. Der Realwert seiner Verschuldung nimmt wegen der Inflation deutlich ab. Ein beliebtes Mittel zur Staatsentschuldung ist in neuerer Zeit die Währungsabwertung gegenüber zum Beispiel dem US-Dollar, die letztendlich "Punktinflation" darstellt.
Simona de Logu
United Kingdom
Local time: 06:24
one-off inflation, non-recurring inflation
Explanation:
If your government devalues your currency, then everything your country buys abroad will become more expensive.

For example, if your country's currency is the dinar, and three dinars are worth a dollar, then a barrel of oil costs you 420 dinars. But if your government devalues the dinar to where four dinars are worth a dollar, then all of a sudden a barrel of oil now costs 560 dinars, and everything that involves oil (gasoline, bus fare, transporting your food to your local supermarket) will suddenly be more expensive. The devaluation causes prices to rise.

But the price increases are a one-off event. Yes, when the currency is devalued, prices go up, but then if everything else stays the same prices are not going to go up again next year. So this is a non-recurring kind of inflation. Prices go up and then stay put at the higher level.

The other kind of inflation is sustained inflation, when prices keep going up year after year.
Selected response from:

Andras Malatinszky
Local time: 01:24
Grading comment
Makes sense.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +2one-off inflation, non-recurring inflation
Andras Malatinszky
5spot inflation
adrian_r
2localized inflation
jccantrell
2inflation in the single digits
Paul Merriam
2fractional inflation
GeorginaW (X)


  

Answers


10 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
localized inflation


Explanation:
Not an economics person, but might this fit?


    Reference: http://books.google.com/books?id=cV0EZuJxod8C&pg=PA465&lpg=P...
jccantrell
United States
Local time: 22:24
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
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35 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
inflation in the single digits


Explanation:
As I understand it, dollar inflation is in the single digits, a favorable situation when compared to an unindexed currency, which might have double-digit inflation.

Paul Merriam
Local time: 01:24
Native speaker of: English
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1 hr   confidence: Answerer confidence 5/5 peer agreement (net): +2
one-off inflation, non-recurring inflation


Explanation:
If your government devalues your currency, then everything your country buys abroad will become more expensive.

For example, if your country's currency is the dinar, and three dinars are worth a dollar, then a barrel of oil costs you 420 dinars. But if your government devalues the dinar to where four dinars are worth a dollar, then all of a sudden a barrel of oil now costs 560 dinars, and everything that involves oil (gasoline, bus fare, transporting your food to your local supermarket) will suddenly be more expensive. The devaluation causes prices to rise.

But the price increases are a one-off event. Yes, when the currency is devalued, prices go up, but then if everything else stays the same prices are not going to go up again next year. So this is a non-recurring kind of inflation. Prices go up and then stay put at the higher level.

The other kind of inflation is sustained inflation, when prices keep going up year after year.


    Reference: http://www.economicshelp.org/blog/economics/sustained-and-te...
Andras Malatinszky
Local time: 01:24
Native speaker of: Native in HungarianHungarian
PRO pts in category: 4
Grading comment
Makes sense.

Peer comments on this answer (and responses from the answerer)
agree  Ken Cox: fits with a common usage of 'Punktxxx': isolated, discontinuous processes or stand-alone events
1 hr

agree  babli: agree
22 hrs
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5 hrs   confidence: Answerer confidence 5/5
spot inflation


Explanation:
A range of very reliable sources:
www.hm-treasury.gov.uk/media/E/A/foi_bankinflationtarget_1....
commentaries.kudlow.com/default.asp?ContentID=1949 - 30k
www.blackwell-synergy.com/doi/abs/10.1111/1468-0319.00207
www.ecb.europa.eu/pub/pdf/other/pp59-68_mb200607en.pdf

adrian_r
Local time: 07:24
Works in field
Native speaker of: Native in EnglishEnglish
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55 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
fractional inflation


Explanation:
I think it means below zero, i.e. when the value goes into 0,1 (UK 0.1) per cent etc. i.e. into points instead of whole numbers. Not sure about the term I've given above though...


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Note added at 18 hrs (2008-06-24 09:46:38 GMT)
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Even my husband (economist) doesn't know this term (Punktinflation)!


    Reference: http://209.85.135.104/search?q=cache:XO3C2OIObEsJ:www.libert...
GeorginaW (X)
Germany
Local time: 07:24
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
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