Al-Marsad Newspaper: The list of countries with the highest inflation rates in the world included two Arab countries This came according to a study prepared by the agency “Novosti” and published on Wednesday. Countries are currently witnessing inflation of two or even three digits in light of the policy of sanctions pursued by the West … Read more
In the first European country, customers will pay for Xbox Series X a Xbox Series S higher price. Microsoft is raising the price of its next-generation consoles in Sweden. Less than a month ago, he made the same move in Japan. Players will now pay SEK 6,195 (converted to CZK 13,289) for the Xbox Series … Read more
The co-chairman of “We continue the change” Asen Vassilev stated that the measures taken by the government, in which he was finance minister, “did not raise inflation, and this is claimed by people who “studied economics for one semester”. This is how he responded to accusations that raising incomes during their administration has fueled inflation, … Read more
Consumer prices should start to fall this year and the economy could be getting back on track. However, the great unknown of further economic development is China. No one knows what the end of the lockdowns there will do – especially taking into account the fact that the deferred demand in the Czech Republic drove … Read more
In a period of double-digit inflation, monetary policy unsurprisingly becomes the subject of public debate. Although the Czech National Bank (ČNB), or rather the Banking Council, in the first half of last year, from the point of view of the history of monetary policy, tightened its monetary policy extremely sharply, it still finds itself in … Read more
According to the European HICP index, domestic prices rose by 19.1 percent year-on-year, so the increase in prices accelerated even more towards autumn. The national consumer price index was “only” 17.5 percent, because the Czech Statistical Office (CZSO) includes the so-called imputed rent, i.e. the costs of private homeowners for repairs. In terms of inflation, … Read more
Hungarians have the strongest inflation in Central Europe. The same applies to the basic interest rate, which the central bank gradually increased last year to 13 percent, which is the highest in the European Union. In doing so, the central bank wanted to support the weak domestic currency, the forint, which has strengthened significantly since … Read more
“Growth was significantly influenced by the end of the energy-saving tariff for households in the form of an energy allowance. Year-on-year electricity prices increased by 36.4 percent, natural gas by 87 percent, water by 16.3 percent, sewage by 30.3 percent, and heat and hot water by 44.7 percent,” said Pavla Šedivá, head of the Department … Read more
When investing, it is worth comparing offers Secondly: In the new world of interest, it is also worth comparing different fixed-term deposit offers. For example, if you already know today that you will need a new used car in two years and can set aside 20,000 euros for it, then you can currently get three … Read more
A couple wanted to take out a loan for their dream house. With a term of 30 years, almost twice as much would have to be repaid. The time to fulfill your dream of owning your own home has probably never been worse than now: As reported, the European Central Bank has had to raise … Read more