Coffee prices jumped to a five-year high

Coffee prices jumped to a five-year high

Harvested coffee beans in Laos – – Coffee consumption this year will exceed production for the first time since 2017, according to the US Department of Agriculture. World prices for Arabica coffee in June reached their highest in five years. This could affect end-users, reports The Wall Street Journal on Tuesday, July 12th. Thus, in … Read more

In ten years, the price of a plot of land in Prague in the most sought-after locations has multiplied almost twice – ČT24 – Czech Television

In ten years, the price of a plot of land in Prague in the most sought-after locations has multiplied almost twice – ČT24 – Czech Television

“Until five years ago, we did not want to take building land up for auction at all, now the situation is completely different. Everything will sell. For example, in Louny, we have now sold land three hundred percent more than the starting price, “says Ivo Gavlas from the real estate agency and auction house Gavlas. … Read more

The rise in food prices and construction materials could stop. Why prices have started to fall

The rise in food prices and construction materials could stop.  Why prices have started to fall

Last week, palladium and platinum prices fell by more than 11% and 7%, respectively, while corn futures lost almost 6% and copper futures 4.8%. Oil prices have also fallen, CNBC notes. Soybeans have seen this year’s advance wiped out, losing more than 20% from an eight-year high reached in May. And wheat has fallen from … Read more

Gas station networks were allowed to raise prices above 30 hryvnia

Gas station networks were allowed to raise prices above 30 hryvnia

Gasoline prices may rise again – – Taking into account the possible maximum markups, the cost of gasoline at the filling station can reach 30.82 hryvnia per liter. The Ministry of Economy has published new calculations of the average cost of gasoline and diesel fuel, from which gas station networks can set their markup. Regular … Read more

Inflation could exceed four percent, warns economist Marek

Inflation could exceed four percent, warns economist Marek

What are the main reasons for inflation so far? The current slight decline in inflation is only temporary. Inflationary pressures in the domestic economy will increase, companies have already said that the situation is the same, if not worse than before the pandemic, there is a shortage of labor on the market. The pressure for … Read more

Real estate prices have been rising the fastest since before the financial crisis. They raise concerns about the market bubble – ČT24 – Czech Television

Real estate prices have been rising the fastest since before the financial crisis.  They raise concerns about the market bubble – ČT24 – Czech Television

The average price increased the most in Turkey, by 32 percent. It was followed by New Zealand with 22.1 percent and Luxembourg, where the price of residential real estate rose by 16.6 percent. Slovakia was fourth with a growth of 15.5 percent and the top five was closed by the United States, where prices rose … Read more

The decline of Bitcoin continues. The cryptocurrency concludes the weakest month in ten years

The decline of Bitcoin continues.  The cryptocurrency concludes the weakest month in ten years

According to the quoted source, one of the causes of the fall of the cryptocurrency is the announcements of the CEO of Tesla, Elon Musk, who recently announced that the electric car manufacturer will no longer accept bitcoin as payment for its vehicles due to concerns about the environmental impact of bitcoin mining. China has … Read more