Turkey’s currency hit a new record low on Monday as inflation climbed to 67.1% in February. This is the highest level since November 2022. At the same time, the Turkish lira rose above 31 to the dollar from 16 in mid-December 2021. Investors have been watching corrective moves by the finance ministry and the central … Read more
Jakarta – Turki recorded annual inflation reaching 67.07% as of February 2024. This figure is the highest record for the last 15 months with a faster than expected rate of increase. Reporting from CNBC International, Monday (4/3/2024), the Turkish Statistical Institute stated that this figure was far above expectations. Previously, the results of a Reuters … Read more
Field-to-shelf olive oil prices remain high, with the European market navigating uncharted waters and analysts still unable to determine when the de-escalation will begin. Indicative of the situation is that the biggest price increases are recorded in three of the leading olive oil producers in the European Union, with our country in second place. Also, … Read more
In this Oct. 7, 2016 photo, a statue of George Washington is seen on Wall Street in New York. The main US stock market indices closed with losses on Tuesday, October 11, 2017 (AP Photo/Mark Lennihan) Wall Street opened this Monday in green and the Dow Jones Industrialsits main indicator, rose 0.23%, while investors have … Read more
Ambitions The Minister of Development, Mr. Kostas Skrekas, as well as the Maximos Palace, hopes that with the recent package of measures, which will be fully implemented from March 1, it will not limit accuracy, but at least it will limit its rate of intensity! Hidden But based on the latest survey issued a few … Read more
The Bureau of Labor Statistics (BLS) reported recent data on the nation’s high inflation related to food prices. He highlighted that the increase in grocery prices is higher compared to general prices in the United States. The Consumer Price Index (CPI) was 3.1% in January 2024, however it is still less than the levels reached … Read more
Wall Street opened this Tuesday in red and the Dow Jones Industrialsits main indicator, fell 1.08% after learning that inflation in January was higher than expected by analysts and with the market pending the next business results. Eleven minutes after the trading floor opened, the Dow Jones stood at 38,378 points, and the selective S&P … Read more
According to the analysis, a quarter kilo of butter cost an average of 65.30 a year ago, now in February it is 53.70 crowns. At the same time, promotional prices also fell. “Last year, since March of last year, they mostly stayed around forty crowns, although sometimes it was possible to come across a price … Read more
Consumers in Greece feel even more financially stressed, as despite the slight de-escalation of inflation in January compared to December, food prices remain high. Tomorrow, Thursday, ELSTAT is expected to announce the national inflation index for January, although Eurostat’s data on the harmonized index have given an idea of how it “entered” 2024, as reported … Read more
Against 2,2% the actual increased GDP of Greece in 2023, instead of its original estimate 2,3%according to its winter forecasts European Commission. A strong recovery may have been recorded in 2022, but consumption growth slowed significantly but remained one of the main drivers of growth last year, Commission technocrats noted. “Despite tighter financing conditions, investment … Read more