The rate of inflation rose slightly in January this year and was set at 3,1% from 3,5% last December and compared to 7% in January 2023. The main reason is the drop in energy prices, with a typical reduction in the price of natural gas by 60.2%. On the other hand, food prices continued to … Read more
Xinhua News Agency, New York, February 13. Summary｜Inflation rises more than expected, and the outlook for the Fed to cut interest rates is uncertain Xinhua News Agency reporter Liu Yanan The U.S. consumer price index (CPI) rose more than expected in January, increasing uncertainty about the direction of the Federal Reserve’s monetary policy. Economists predict … Read more
ANPMewer beers sold in 2023 NOS Nieuws•vandaag, 09:48 Beer consumption fell last year, both at home and in the pub. Brewers blame the downturn on the bad summer and price increases. More than 11.5 million hectoliters of beer were sold in 2023, 5.6 percent less than in 2022. Before corona, in 2019, this was still … Read more
+ 36% with nearly 58,000 procedures initiated in 2023. Credit: DR After the Covid period, the war in Ukraine and the surge in inflation, business failures accelerated in 2023. + 36% with nearly 58,000 procedures initiated and the curve even accelerated in the 4th quarter. And among the most affected regions is Occitanie. VSEs concerned … Read more
After a brief improvement at the turn of the year, consumer sentiment in Germany has deteriorated significantly again. According to a current survey by the consumer research institute GfK and the Nuremberg Institute for Market Decisions (NIM), the consumer climate in the forecast for February fell by 4.3 points to a value of minus 29.7 … Read more
– US Department of Commerce Revealing the Price Index for Basic Personal Consumption Expenditures (Core PCE) for December. The PCE Index is considered a measure of inflation that can detect changes in consumer behavior. and covers the prices of goods and services more broadly than the Consumer Price Index (CPI). which reveals US inflation data … Read more
Markets underestimate inflation El-Erian said, during the Global Wealth Management Conference held by UBS Bank in Hong Kong, that markets are underestimating inflation in the services sector, which is still higher than goods inflation, and must be reduced much faster. Any change in the Fed’s interest mandates could damage its credibility. “If you’re a central … Read more
Jan 19, 2024 at 5:02 am The trade unions in our country are on the rise. Several tens of thousands of people became members of FNV, CNV or De Unie last year. The fight against sky-high inflation in particular has made employees decide to join. Last year, the unions pushed for significant wage increases at … Read more
According to quarterly barometer Challenges-Meti-banque Palatine, a majority of business leaders (50.9%) have revised their investment plans downwards, or planned to do so. It is true that the share of those who see their financial costs increase is now nearly 75%, compared to 68% during the September 2023 survey. For Frédéric Coirier, CEO of the … Read more
Cheap energy and fuel also have a positive effect on food prices. And they are also mentioned by experts, according to whom another price shock is not yet in sight. However, this year’s harvest of Czech growers will depend on the selected types of fruit and vegetables. It was undoubtedly good news for Czech households … Read more