Is “shrinkflation”, popularized in recent months, already a has-been? In this period of general rise in prices, a new term is emerging in the Anglo-Saxon media: “funflation”, a contraction of fun (amusement, entertainment) and inflation. This new buzzword was notably used this month by Corrie Barry, the CEO of Best Buy during the Most Powerful … Read more
ANP NOS Nieuws•vandaag, 01:35 The purchasing power of the Dutch population fell by 1.2 percent last year. This is the largest decline in forty years, according to figures from Statistics Netherlands. The decline is mainly the result of high inflation in the past year. Only during the severe recession in the 1980s and the years … Read more
NOS Nieuws•vandaag, 20:51 Billie Barrier editor Economics Billie Barrier editor Economics After more and more people came to the food bank in Utrecht Overvecht in 2022, the number of customers will drop by ten percent this year. “And that is the picture throughout Utrecht,” says Nico Jongerius of the Food Bank Overvecht. The government’s support … Read more
Reportage Article reserved for subscribers Gathered in a general assembly in the Parisian station on Tuesday, the railway workers voted to renew the strike on Wednesday. In particular, they hope to get a pay raise. Of the “It will be crazy!” punctuated by cheers. It is 12:45 pm on Tuesday, Gare du Nord, in Paris, … Read more
ANP Yuri Vugts publisher Nieuwsuur Ronja Hijmans publisher Nieuwsuur Yuri Vugts publisher Nieuwsuur Ronja Hijmans publisher Nieuwsuur More expensive groceries and higher energy bills. The cry for compensation was and is loud. “Not everything can come from the government,” Finance Minister Sigrid Kaag said recently. With an energy cap and a generic discount on energy, … Read more
– NOS | Helen Kret – News from the NOS•today, 16:06•Modified today, 16:42 — The measures that the government will present on Tuesday, budget day, will most likely have a positive effect on purchasing power for the next year. But they will not fully compensate for the decline in purchasing power over the course of … Read more
The risk of a global recession is increasing as inflation remains high. Central banks may have to raise interest rates further due to continued strong price increases. But that slows economic growth, the World Bank warns in a new report. The European Central Bank (ECB), among others, is raising interest rates in large steps, just … Read more
Jakarta, CNBC Indonesia – The Central Statistical Agency (BPS) released Indonesia’s inflation facts for the period of time of August 2022. On a regular foundation there was certainly deflation, but annual inflation remained at a large stage. On Thursday (1/9/2022), BPS main Margo Yuwono reported that .21% deflation transpired in August 2022 in contrast to … Read more
– information hour – There is no eyesight and leadership in authorities and structural remedies to provide buying ability to common are not out there and “this is disappointing”. This was said by Peter Heijkoop, CDA councilor for poverty and financial debt in Dordrecht and director of the Affiliation of Dutch Municipalities (VNG) in information … Read more
Existence is quickly getting to be a lot more expensive and the demand for intervention from the federal government and the coalition is receiving more powerful. But only Friday will it definitely be crystal clear how excellent the decline of getting power is and how substantially monetary space the governing administration has. The coalition functions … Read more