Argentina’s economy contracts 1.7% in second quarter

Argentina’s economy contracts 1.7% in second quarter

Buenos Aires. The gross domestic product (GDP) of Argentina – the third largest Latin American economy – fell 1.7 percent in the second quarter of this year compared to the previous quarter, and with this third consecutive contraction the recession deepens in the South American country, where Construction, manufacturing and commerce are the most affected … Read more

Already at a high level, mutual insurance rates expected to increase by 5.5 to 8.5% in 2025

Already at a high level, mutual insurance rates expected to increase by 5.5 to 8.5% in 2025

You will have to pay a little more for mutual insurance in 2025. The price increases planned by complementary health insurance should in fact remain at a high level next year. However, these variations will be a little less significant than in 2024, according to estimates from the specialist firm Addactis published on Tuesday. Addactis, … Read more

Olive oil: Estimates of winter prices – 2024-09-24 18:55:28

Olive oil: Estimates of winter prices
 – 2024-09-24 18:55:28

Inflation in August “ran” by 3% and olive oil was more expensive by 49.1%. The big question is where the prices of the “green gold” are expected to fluctuate in the winter with the first estimates showing a de-escalation. Reduced stocks at the end of the marketing season (2023/24) are expected to be marginally sufficient … Read more

President Milei will veto projects that threaten fiscal balance

President Milei will veto projects that threaten fiscal balance

Buenos Aires., Argentine President Javier Milei said on Sunday during the presentation of the 2025 budget project in Congress that his government will veto any law that affects fiscal balance. “We will veto all projects that threaten fiscal balance,” said the president, adding that “the only context in which we will agree to discuss an … Read more

Butter quake! A price explosion threatens at Christmas | Money

Butter quake! A price explosion threatens at Christmas | Money

Forget about everything being fine: the prices for the popular spread are rising and rising. At Christmas, butter could be more expensive than ever before! Currently, consumers in discount stores and supermarkets pay a whopping €2.09 for 250 grams of branded butter. There is no end in sight to the price spiral. Record prices for … Read more

Who can still afford a house now

Who can still afford a house now

Real estate prices have been rising for years, while wages are lagging behind. If you’re a hairdresser, salesperson or carpenter and you dream of owning your own home, you can forget it. Home ownership is becoming increasingly expensive: in some sectors, even the absolute top earners without an inheritance cannot afford it. (Archive image) – … Read more

Spending money: Raise your mugs, throw out your bills

Spending money: Raise your mugs, throw out your bills

Germans no longer like to consume. At the Oktoberfest they can work on their attitude. Squandering money can make you happy! September 21, 2024, 6:13 a.m. 21 Comments Summary Summarize This is an experimental tool. The results may be incomplete, out of date or even wrong. Oktoberfest is expensive, but offers a welcome break from … Read more

Federal Reserve: Fed to make first interest rate cut since outbreak of corona pandemic

Federal Reserve: Fed to make first interest rate cut since outbreak of corona pandemic

The US Federal Reserve is about to make its first interest rate cut in more than four years. Analysts expect the Fed to lower the key interest rate by 0.25 percentage points or even 0.5 percentage points. It is still in a range of 5.25 to 5.5 percent – the highest level in more than … Read more

Canada’s inflation set to ease further ahead of BoC meeting in September

Canada’s inflation set to ease further ahead of BoC meeting in September

Canada’s Consumer Price Index is expected to lose further traction in August. The Bank of Canada has cut its policy rate by 75 basis points so far this year. The Canadian dollar appears to have entered a consolidation phase. Canada is set to release the latest inflation data on Tuesday, with Statistics Canada releasing the … Read more

Inflation: Why accuracy will remain years – The experts’ estimates – 2024-09-13 20:03:51

Inflation: Why accuracy will remain years – The experts’ estimates
 – 2024-09-13 20:03:51

Inflation continues to move upwards in Greece, despite what the government says to the contrary (and in fact to the highest degree), in fact it is the main problem for households and small and medium-sized businesses. It is possible that Prime Minister Kyriakos Mitsotakis “sees” price reductions, based on what he mentioned in the last … Read more