For the first time, inflation thus significantly exceeded the European Central Bank’s (ECB) target. It intends to keep price growth at two percent per year in order to revive the economy. The central bank estimates that the current rapid rise in prices is only temporary and expects inflation in the euro area to be 2.2 … Read more
“August was a record high month, due to a combination of many factors. We saw increased demand in June and July. It paid off. In addition, the climate predisposes to lower yields and records. We observed record levels in fruits and vegetables in August. As the difference in the consumer basket compared to 2020 was … Read more
(NEWS NOW) .- Home rents in central Florida have increased exorbitantly, between 15 and 20% as a result of the COVID-19 pandemic. We spoke with experts about the possible causes of this reality that affects many Floridians. WANTED for attempted murder and being a person of interest in the death of a young mother and … Read more
– The Czechia is experiencing an unprecedented inflation shock, with prices flying up the fastest in 13 years. For the first time in history, the price of electricity on the stock exchange exceeded 100 euros per megawatt hour. It has increased by an unprecedented 88 percent since the beginning of the year. The price will … Read more
When Petr Bodlák calculates how many electrical appliances he and his wife have in the house, in the context of rising prices, these are not happy numbers. “Everything is here for electricity, underfloor heating, refrigerator, everything,” says Bodlák. He also heats electricity, he pays a total of about 90 thousand crowns a year for it. … Read more
Production of aluminum cookware in Afghanistan – – The coup in Guinea has exacerbated risks in the aluminum market. This country is one of the world’s largest suppliers of raw materials for the production of aluminum. Aluminum price on the London Metal Exchange (LME) rose to a 13-year high amid news from Guinea and China. … Read more
Britain is currently taking electricity from the West Burton A coal-fired power plant operated by the French energy company EDF. “Two units helped to stabilize the transmission system and secure supplies,” he confirmed, according to the station Sky News EDF spokesperson. Within a year at this time, the facility should be definitively decommissioned. So far, … Read more
It is supposed to be just temporary inflation before global business shakes off coronavirus shock. Nevertheless, rising prices are a source of concern for households and investors in the Czech Republic, Western Europe and the United States. Domestic prices are growing the fastest in eight years, currently inflation in the figures of the Czech Statistical … Read more
Manufacturers’ selling prices for sunflower oil averaged UAH 49.66 / kg – – Manufacturers’ selling prices for sunflower oil jumped 70%, and for sugar – 75%. In Ukraine, over the year, producer prices for food products increased by 9-75%. This is evidenced by data the financial and economic department of the Ministry of Agrarian Policy … Read more
Raising prices will not be avoided by households, whether they are heating with gas or electricity. Energy prices are currently the highest in several years. Although some energy suppliers still claim to want to keep the same prices, others are already counting on rising prices. “After two years, there is no choice but to adjust … Read more