Monthly Economic Report - July 2019

The Monthly Economic Report for July 2019 is now ready after a slight delay due to summer vacations here at CCP.

You can find it here!

The raw data that makes up this report can be downloaded here. (26.50MB)


For deeper understanding of the indices used in the report, please have a look at the following explanations.

Mineral Price Index (MPI)
The Mineral Price Index (MPI) shows the price changes in all eight minerals used to produce ships and other items in EVE. The weight of each mineral in the index changes each month is based on the relative trade values of the previous month.

Primary Producer Price Index (PPPI)
The Primary Producer Price Index consists of manufacturing items used for the production of other manufacturing items at the secondary stage. Manufacturing items used for the production of final consumer goods are excluded. The index includes such item groups as ore, moon materials, planetary commodities, sleeper relics, and items used in invention.

Secondary Producer Price Index (SPPI)
The Secondary Producer Price Index contains production materials and other production items that are used in the manufacturing of consumer goods, i.e. goods included in the Consumer Price Index.

Consumer Price Index (CPI)
The Consumer Price Index measures the overall price changes of consumer products. This is not limited to consumables such as fuel, ammunition or PLEX, but also includes assets such as ships, modules, implants and starbase structures. In summary, anything that is not primarily used to produce other goods is included in the index, which contains over 4000 individual items.

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Hrrr…

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So, with these major faucets drying up, does that mean that the price of ISK will deflate?

Production vs. Destruction

While the amount destroyed has remained more or less flat (I didn’t actually do a statistical analyses here so I don’t know if the variances cancel out - I just eyeballed it), the amount mined and produced have started to trend downward since February. This is good news - the gap between production and destruction is closing. Hurray!

ISK Sinks & Faucets

Looking good!!! We have more ISK leaving the economy than is coming in. However, I read the fine print - the Active ISK delta includes GM actions, such as reversing RMT, banning accounts, etc. When you just look at just Faucets and Sinks, there’s still almost 4 trillion ISK being added to the game each month. This is a step in the right direction but more needs to be done.

Something funny about these numbers - you have people in NullSec adding ISK to the game with AFK ratting, and you have people in HiSec/FW desperately trying to throw ISK down the drain with LP store.

I think the LP store system needs to be overhauled and expanded to increase the drain.

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Here goes, made some membership and region changes (probably not all correct… please provide feedback):

And the summary version:

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No, except for PLEX. There is still too much ISK available. We will have an price increase for T1 and related stuff instead because of the mineral shortage. This is also no inflation, it’s a recession. Incomes shrink, prices rise.

I have like 50 billion ISK worth of assets… can’t wait for prices to increase and make a penny or two.

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In other news: Everything is empty except for Delve.

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Even if you combined Panfam, Winterco and Provi, you’d get not even 50% of the member of CFC, TestCo and DeadCo combined. Nothing wrong with that.

Great summary pics, though.

I don’t think this will work as you think … optional stuff (green, purple, expensive items, etc.) will fall in price. Everything which is affected by a) less players, b) higher resource gathering effort c) transport will rise.

Of course I can be totally wrong. :stuck_out_tongue:

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-decrease the amount of tags required to buy faction modules by 25-50%
-increase the amount of ISK needed to purchase said modules in the LP Store by 25-50%
-reduce the amount of LP required to buy faction ships by 25%
-increase the ISK cost of purchasing faction ships in the LP Store by 25%
-remove the option to purchase stuff from the LP store with only LP or Tags, everything must have an ISK component in the purchase

basically: you have to grind less LP and Tags for purchasing more things in the store but it comes with a significant cost in ISK for that investment.

I see why taxes went up now. ratting income hence taxation of ratting dropped like a rock. seems like a self inflicted wound to me. trying not to use that dirty little word/words “black out”.

Add WH loot to this - you would be surprised what the WH people earn

I think that’s already on the MER as “commodities”.

Do note that this MER represents period of shock and disbelief and contains no elevated taxes (released 1st of Aug.). So next MER will be very interesting one to see - how have players adapted to the lack of intel from local chat in NS.


@CCP_Falcon

image

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Yeah the LP store is something CCP can really use to fine tune the economy in regards to sinks and faucets. They can even have presets that they just turn on and off depending on the rate of inflation (or deflation).

Absolutely could do with some detailed Wormhole data.

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ISK Sinks & Faucets
Looking good!!! We have more ISK leaving the economy than is coming in. However, I read the fine print - the Active ISK delta includes GM actions, such as reversing RMT, banning accounts, etc. When you just look at just Faucets and Sinks, there’s still almost 4 trillion ISK being added to the game each month. This is a step in the right direction but more needs to be done.

Don’t forget to read the chart correctly… the number has been dropping hard since June this year, but they are reporting about isk on ACTIVE players. So besides them winning the war on botters, you also need to factor in players who sat on a pile of isk and said “f*** it, I am out” with the new changes in the last months.

they (players that decided to quit because of BO) are not in this report.

and thus isn’t their total ISK value…, just like the ISK from botters, RMT, banned acounts, etc etc, making the number drop even harder