INFLATION

Turkey’s Inflation Soars to 68.5%

Turkey's inflation rate surged to 68.5% in March, marking a slight increase from February's 67.1%, as reported by the Turkish…

8 months ago

Japan Bids Farewell to Negative Interest Rates

In a significant policy shift, the Bank of Japan (BOJ) has ended its eight-year experiment with negative interest rates, initiating…

8 months ago

Bank of England Holds Firm on the Interest Rate

The Bank of England has signaled a tough road ahead for the UK, maintaining interest rates at 5.25% amidst a…

1 year ago

Inflation Unveiled: Making Cents of Our Changing Economy

Definition of Inflation and Deflation Inflation often conjures images of rising prices, crowded shopping malls, and the palpable anxiety of…

1 year ago

Bank of England’s Interest Rate Riddle: Balancing Inflation and Growth!

The Bank of England's Governor, Andrew Bailey, recently made headlines by suggesting that interest rates are nearing their peak, although…

1 year ago

U.S. Retail Sales Surprise with July Jump!

In July, the U.S. retail sales report showed a surprising increase, despite the inflationary pressures and a series of Federal…

1 year ago

Inflation Takes a Breather: US Sees Lowest Annual Rate in Over Two Years

The inflation rate in the United States receded in May to its lowest annual rate in over two years, as…

1 year ago

Argentina’s Central Bank Hikes Interest Rate to 97%!

In a bold move to combat climbing inflation, Argentina's Central Bank has escalated its key interest rate by a steep…

2 years ago

UK Inflation on a Roll: Record Bread Prices Send Inflation Soaring

In March, UK inflation persisted at over 10%, mainly due to skyrocketing bread prices. Consumer prices increased by 10.1%, with…

2 years ago

German Workers Strike Amid Soaring Inflation

German workers began a massive strike this week as Europe's largest economy grapples with soaring inflation. The strikes, which will…

2 years ago

Argentina Inflation hits 100%

The inflation rate in Argentina has passed the 100% mark this week with consumers particularly hard hit by increasing food…

2 years ago

Nestle planning another price increase

Nestle, one of the world’s largest food and beverage companies, is planning to increase prices again this year as they…

2 years ago

Food prices at a 14-year high as the UK battles inflation

Annual food prices in the UK went up by 14.7% in October, representing the largest increase since records began in…

2 years ago

Rampant food inflation at a 31 year high in Japan

Food prices in Japan are rising fast as producers struggle to cope with a depreciating Yen and the increasing costs…

2 years ago

Dark days for the UK economy…

The UK economy has been plunged into economic turmoil since the announcement of the mini-budget last week. Since the new chancellor,…

2 years ago

UK prices spiraling upwards as inflation hits 40-year high

The UK inflation rate is rising at its fastest rate in 40 years. This is predominantly a result of soaring…

2 years ago

Central Bank of Sri-Lanka raises the interest rate to curb inflation

As inflation spikes throughout the Sri-Lankan economy, the central bank has responded by increasing the interest rate from 5.5% to…

3 years ago

Cost-push inflation is driving up prices throughout the Indian Economy

Inflation in India, the fifth largest economy in the world, stood at 6.9% in July according to the latest measurement…

4 years ago

Deflation in Canada: why economists will tell you that falling prices is not something to be happy about

The inflation rate in Canada entered negative territory in April, as year-on-year inflation was measured at -0.2%. This essentially means…

5 years ago

Interest rate in Pakistan to stay at a mighty 13.25%!

Pakistan’s high interest rate of 13.25% is unlikely to be changed anytime soon according to analysts in the country. Monetary…

5 years ago

Is Argentina the best place to buy a house this year?

For the last two years, a dark cloud has been over Argentina as they contend with a serious economic crisis.…

5 years ago

UK interest rate looks set for a reduction

In the UK, interest rates are set by the Monetary Policy Committee (MPC), a group of nine central bankers who…

5 years ago

Venezuela sees 275% increase in minimum wage!

The President of Venezuela Nicolas Maduro has passed legislation to increase the country’s minimum wage by a whopping 275% from…

5 years ago