In July, the U.S. retail sales report showed a surprising increase, despite the inflationary pressures and a series of Federal…
In March, UK inflation persisted at over 10%, mainly due to skyrocketing bread prices. Consumer prices increased by 10.1%, with…
Nestle, one of the world’s largest food and beverage companies, is planning to increase prices again this year as they…
Annual food prices in the UK went up by 14.7% in October, representing the largest increase since records began in…
In the last few months, American consumers have been going mad for online shopping, with the result being a buoyant…
Josh Frydenberg, the Australian Treasurer, announced on Wednesday that the economy is likely to have shrunk by as much as…
As the world’s economies continue to reel from the damage caused by the spread of Covid-19, Supercar manufacturer McLaren is…
The latest in a long list of ‘historic lows’ since Covid-19 wiped out the global economy is the total collapse…
The global fashion industry, valued at over US$2 trillion, has been hit extremely hard by the worldwide spread of Covid-19,…
For a student of economics, one of the first concepts we learn about is the different types of goods. That…