Anticipated Double-Digit Increase: Car Insurance Prices Set to Soar

Anticipated Double-Digit Increase: Car Insurance Prices Set to Soar

07/07/2023 7:40 p.m. – 01:41 a.m Double-digit adjustment expected Car insurance could become significantly more expensive The costs for repairs are rising, car parts are becoming more expensive: insurers and consumer advocates assume that car insurance premiums will rise significantly in the autumn. ntv explains how consumers can react and whether a change is worthwhile. … Read more

Employers and Labor Unions Face Challenges with Wage Increases and Inflation Figures in 2023

Employers and Labor Unions Face Challenges with Wage Increases and Inflation Figures in 2023

05 July 2023 at 05:01 Employers will be digging their heels in at the collective labor agreement tables in the coming months, according to a tour of NU.nl. Companies are more cautious because of the uncertain economic situation and believe that they have compensated employees enough by significantly increasing wages. In addition, employers are wondering … Read more

Inflation Slows in the United States in May, PCE Index Shows, with Two Upcoming Rate Hikes Predicted by Fed

Inflation Slows in the United States in May, PCE Index Shows, with Two Upcoming Rate Hikes Predicted by Fed

By Le Figaro with AFP Published on 06/30/2023 at 14:46, Updated on 06/30/2023 at 18:26 Compared to May 2022, consumer price inflation stood at 3.8%, compared to 4.3% the previous month. MICHAEL M. SANTIAGO / AFP Inflation in the United States, which had rebounded in April, slowed again in May, according to the PCE index … Read more

The Changing Opening Hours and Staff Shortage in Munich’s Retail Shops

The Changing Opening Hours and Staff Shortage in Munich’s Retail Shops

Munich – At the very beginning of Sendlinger Strasse, just a few meters from Marienplatz, a few shops still have the traditional closing time: 8 p.m. The Tretter shoe store, for example, or the “Superdry” fashion store. But no sooner have you walked a few steps into the street than the opening hours suddenly become … Read more

Inflation Levels in Eurozone Member States: Spain, Luxembourg, and Belgium

Inflation Levels in Eurozone Member States: Spain, Luxembourg, and Belgium

Inflation has fallen below 2 percent in three eurozone member states. That is the level that the ECB has in mind. These are Spain, Luxembourg and Belgium. Inflation according to the harmonized European measurement method in our country was 1.6 percent in June, the same as in Spain. In Luxembourg the figure was 1.0 percent. … Read more

US Interest Rate Futures Market Price Decreases for July FOMC Rate Hike Probability

US Interest Rate Futures Market Price Decreases for July FOMC Rate Hike Probability

On the 30th, the US interest rate futures market priced in the rate hike probability at the Federal Open Market Committee (FOMC) in July slightly decreased from about 90% to about 85%. Pictured is the US Federal Reserve Board (FRB). FILE PHOTO: March 2019. (Reuters/Leah Millis) [30日 ロイター] – In response to the May US … Read more

Pakistan Secures $3 Billion Loan from IMF to Avert Default

Pakistan Secures  Billion Loan from IMF to Avert Default

Kristalina Georgieva and Shehbaz Sharif Last week the Pakistani Prime Minister met with the Managing Director of the IMF – now the agreement has followed. (Photo: via REUTERS) Lahore Pakistan averted default at the last minute. The government agreed on Friday with the International Monetary Fund (IMF) on a new loan of three billion dollars. … Read more

German Consumer Climate Deteriorates Amid High Inflation and Economic Downturn

German Consumer Climate Deteriorates Amid High Inflation and Economic Downturn

Status: 06/28/2023 10:21 a.m Continued high inflation and the economic downturn mean that many people are less willing to spend. The German consumer climate has deteriorated. For the first time in eight months, consumer sentiment in Germany is declining again. The consumer climate index, which the consumer research company GfK determines through a monthly survey … Read more

Report: High Inflation in the UK Causes Increase in Hunger and Burden on People’s Lives

Report: High Inflation in the UK Causes Increase in Hunger and Burden on People’s Lives

Original title: Report: High inflation in the UK has increased the burden on people’s lives Last year, one in seven people went hungry Overseas Network, June 28thAccording to a Reuters report on June 28, a British charity “Food Bank” released a report stating that by 2022, one in seven people in the UK will face … Read more

ECB’s Interest Rate Hike: Impact on Inflation and Monetary Tightening

ECB’s Interest Rate Hike: Impact on Inflation and Monetary Tightening

Emphasis continues as long as needed The final stages of the ECB’s interest rate hike are the focus, with core inflation subdued and underlying price pressures stubbornly increasing. Most economic analysts expect central bank officials to temporarily stop raising interest rates after next month’s meeting after the deposit rate reaches 3.75%, although money markets expect … Read more