Technical Indicators          

Inflation rate Oct. 2024: -4.5%

CPI Oct. 2024: 95.5 (base month Sep. 2024)

                                                                                         CPI Basket of goods (120 days average)

White Wool      71536.5                    White Concrete              26551.0

Sugar Cane       65039.8                    Charcoal Block               19959.3

Bucket of Fuel   45282.8                    Corn                                16569.0

Iron Block         36117.0                     Gunpowder                    14680.0

Spruce  Log      31680.3                     Roasted Potato              13127.5

Notes: No way to take into account services provided due to lack of sample size.  Here the items are chosen based on most quantity traded.

Imperium Romanum Monthly GDP (Nominal): $800000 

Formula: GDP=Taxes/Tax rate 

Notes: Obviously a gross estimate, need more data. 

Speculation: What is Happening to the Charcoal Market?

The demand for charcoal blocks is falling, here's why:

Over the last 60 days, on average only 15409 charcoal blocks have be traded per month, 22.8% less than 120 days average. A price drop of 16.43% since last month accompanied the decreasing trade, signaling a decreasing demand for charcoal blocks.  This is likely to be caused by the great influx of charcoal in July, the buyers were able to inflate their inventory, but unable to digest them in time, decreasing their demand of charcoal for the last two months. 

In fact, almost all periodic change in quantity traded can be explained by this phenomenon, with January 2024 being an exception, possibly caused by player inactivity. In the following month or two, we might see a great increase in both quantity traded and price of charcoal blocks, stay tuned for the next issue of the Oeconomus to see if this is a huge waste of time.