[ad_1] Inflation in the eurozone hit another record in August at 9.1%, fueled by soaring energy prices mainly driven by Russia’s war in Ukraine. That’s according to the latest figures…
Tag: Inflation
Europe’s energy crisis haunts the euro as it tumbles to 20-year low
[ad_1] Asian shares were down for a sixth straight session on Tuesday after a renewed spike in European energy prices stoked fears of recession and pushed bond yields higher, while…
What is ‘cashstuffing,’ the latest money-savig TikTok trend?
[ad_1] While the amount of cash in circulation has gradually been shrinking in recent years, replaced by contactless payments, a new trend has surfaced among younger generations which brings banknotes…
Inflation: What are governments doing to ease the financial pain?
[ad_1] Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine are combining to push prices of energy, commodities, and basic items higher around the…
Inflation explained: Your guide to what it is and how to deal with it
[ad_1] In July, inflation in the eurozone inflation reached an all-time high of 8.9 per cent. That’s four times higher than the same period last year when it was at 2.2…
What is shrinkflation, skimpflation and stagflation?
[ad_1] Have you been out to your favourite restaurant, only to discover the food wasn’t quite as good or the portions were much smaller? Or even eating at home has…
McDonald’s hikes cheeseburger price in the UK amid soaring costs
[ad_1] McDonald’s is raising the price of its 99p (€1.18) cheeseburger to £1.19 (€1.41) for the first time in more than 14 years in the United Kingdom amid soaring cost…
How will Europe create its own tech leaders? We ask Euronext
[ad_1] Technology companies and start-ups may fear so-called stagflation, rising prices and interest rates just now, but the pan-European stock exchange Euronext says the situation is not as bleak as…
Amazon Prime hikes subscription prices in Europe ‘due to inflation’
[ad_1] Amazon is to increase the price of its monthly Prime membership scheme across its major European markets from September, due to “increased inflation and operating costs”. In an email to…
Don’t panic over economy woes just yet, says ex-World Bank chief
[ad_1] Following the wake of the war in Ukraine, a global panic has set in with the rising cost of living and prophets of doom predicting swelling inflation. While the…