Tag #Consumer Prices

Showing 1 to 12 of 130 results

welt.de
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US Companies Maximize Profits Amidst Increased Import Tariffs

A study by Allianz Trade reveals that many US companies are using increased import tariffs to boost their profits, leading to higher consumer prices in the US for various goods.

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44% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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German Inflation Rises to 2.2% in August Due to Food Price Increases

Inflation in Germany rose to 2.2% in August 2024, up from 2.0% in June and July, primarily driven by a significant increase in food prices, particularly coffee (+22.8%) and chocolate (+21.3%).

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24% Bias Score

Zero Hunger
elpais.com
🌐 75% Global Worthiness
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Eurozone Inflation Edges Up to 2.1% in August

Eurozone inflation rose slightly to 2.1% in August, exceeding the European Central Bank's target for the first time since April, driven by increases in food prices and offset by falling energy costs and services.

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24% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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German Inflation Rises in August

Germany's inflation rate rose to 2.2 percent in August, the first increase this year, driven by higher prices for services and food, exceeding economist expectations of 2.1 percent.

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12% Bias Score

No Poverty
theglobeandmail.com
🌐 85% Global Worthiness
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Canada to Lift Most Retaliatory Tariffs on US Goods

Canada will lift most retaliatory tariffs on US goods from September 1st, aiming to lower consumer prices, although a "buy Canada" movement might limit the impact; countertariffs on steel, aluminum, and autos remain.

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36% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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US Tariffs Force Price Hikes, Impacting Consumers and Retailers

US tariffs, ranging from 10 to 50 percent on imports, have forced major retailers like Walmart, Nike, and Macy's to raise prices, impacting consumers who will absorb 67 percent of the costs by October, according to Goldman Sachs, while impacting retail profitability and potentially slowing economic ...

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40% Bias Score

No Poverty
bbc.com
🌐 85% Global Worthiness
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Rising US Inflation Impacts Low-Income Households Most

US inflation, exacerbated by tariffs on imported goods, disproportionately affects lower-income households, who spend a larger portion of their income on affected products, leading to increased price sensitivity and reduced purchasing power.

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16% Bias Score

Reduced Inequality
us.cnn.com
🌐 85% Global Worthiness
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US Inflation Rises to 2.9%, Highest Since January, Amid Job Market Slowdown

Consumer prices increased 0.4% in August, pushing annual inflation to 2.9%, the highest since January, while real hourly earnings slowed to 0.7%, the lowest in over a year, coinciding with a weakening job market.

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40% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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End of De Minimis Rule Impacts US Consumers, Businesses, and International Shipping

The US ended the de minimis rule, eliminating the duty-free import of low-value goods; this impacts consumers, businesses, and international shipping, leading to potential price increases and changes in retail.

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44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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UK Food Inflation Reaches 18-Month High

UK food inflation hit a 4.2% high in August 2024 due to increased costs of chocolate, butter, and eggs; high demand, reduced supply, and increased labor costs are contributing factors, according to the British Retail Consortium.

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36% Bias Score

Zero Hunger
cnn.com
🌐 85% Global Worthiness
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US Tariffs: Consumers, Not Foreign Entities, Bear the Brunt of the Cost

Despite President Trump's claims, economic data shows American consumers and businesses are absorbing the majority of costs from tariffs, with estimates suggesting 70% of costs will eventually fall on consumers, potentially reaching 100% if including indirect effects. This slow pass-through is due t...

Progress

20% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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US Tariffs Force Price Hikes Across Major Retailers

US tariffs on imports have caused major retailers like Walmart, Nike, and Ford to raise prices, impacting consumers who are already facing higher grocery costs and increased inflation; economists predict consumers will bear the brunt of these costs.

Progress

36% Bias Score

No Poverty

Showing 1 to 12 of 130 results