Rise of “Funflation”: The Increasing Costs of Entertainment

Rise of “Funflation”: The Increasing Costs of Entertainment

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

The largest decline in purchasing power in 40 years due to high inflation: Statistics Netherlands

The largest decline in purchasing power in 40 years due to high inflation: Statistics Netherlands

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

Rising Poverty Rates in the Netherlands: Concerns Regarding the Expiration of Support Measures

Rising Poverty Rates in the Netherlands: Concerns Regarding the Expiration of Support Measures

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