Tag #Inflation

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kathimerini.gr

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Jul 6, 10:10

Greek Inflation Disparity Highlights Income Inequality

A study by Giorgos Ioannidis reveals that in Greece during 2022, inflation disproportionately affected lower-income households (10.4%) compared to the wealthiest 10% (8.5%), despite an overall average of 9.6%; this disparity, while lessening in subsequent years, solidified existing inequalities due ...

Greek Inflation Disparity Highlights Income Inequality

A study by Giorgos Ioannidis reveals that in Greece during 2022, inflation disproportionately affected lower-income households (10.4%) compared to the wealthiest 10% (8.5%), despite an overall average of 9.6%; this disparity, while lessening in subsequent years, solidified existing inequalities due ...

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What was the impact of the 2022 inflation rate on different income groups in Greece, and how did these impacts vary?

In 2022, inflation was 1.9 percentage points lower for the wealthiest 10% of the population (8.5%) than for the poorest 20% (10.4%), despite an overall average of 9.6%. This disparity, while narrowing to 0.1% in 2023 and 2024, solidified existing inequalities, according to a study by Giorgos Ioannidis.

cincodias.elpais.com

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Jul 5, 10:10

US Trade War Uncertainty Shakes Global Markets

The volatile US-China trade war, potentially imposing a 50% tariff on EU imports by July 9th, is causing global market uncertainty, driving gold to record highs while weakening the dollar and impacting various sectors differently.

US Trade War Uncertainty Shakes Global Markets

The volatile US-China trade war, potentially imposing a 50% tariff on EU imports by July 9th, is causing global market uncertainty, driving gold to record highs while weakening the dollar and impacting various sectors differently.

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Which sectors are most vulnerable to escalating tariffs, and why?

This uncertainty stems from President Trump's unpredictable trade policies, eroding confidence in US institutional stability. Markets are cautiously optimistic that Trump will back down, but even partial tariff implementation could severely impact European markets, particularly through reduced access to the US market and increased Chinese competition.

smh.com.au

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Jul 5, 01:13

Australia and US Adopt Diverging Interest Rate Strategies Amidst Contrasting Economic Realities

The Reserve Bank of Australia is poised to cut interest rates for the third time this year due to falling inflation and a strong jobs market, contrasting sharply with the US where President Trump is pressuring the Federal Reserve to lower rates despite a massive budget deficit and unsustainable fisc...

Australia and US Adopt Diverging Interest Rate Strategies Amidst Contrasting Economic Realities

The Reserve Bank of Australia is poised to cut interest rates for the third time this year due to falling inflation and a strong jobs market, contrasting sharply with the US where President Trump is pressuring the Federal Reserve to lower rates despite a massive budget deficit and unsustainable fisc...

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How do the employment figures and inflation rates in Australia and the US shape their respective central bank's decisions on interest rates?

The differing responses to inflation highlight contrasting economic situations. Australia's success in maintaining employment while lowering inflation contrasts sharply with the US, where high debt and political pressure on the Federal Reserve complicate economic management. This difference stems from varied fiscal policies and political climates.

edition.cnn.com

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Jul 4, 07:13

US-Vietnam Trade Deal to Raise Tariffs, Increasing Prices for American Consumers

President Trump announced a new trade agreement with Vietnam, imposing a minimum 20% tariff on Vietnamese goods imported to the US, impacting American consumers with higher prices on various goods, despite the administration's claims that foreign exporters bear the cost.

US-Vietnam Trade Deal to Raise Tariffs, Increasing Prices for American Consumers

President Trump announced a new trade agreement with Vietnam, imposing a minimum 20% tariff on Vietnamese goods imported to the US, impacting American consumers with higher prices on various goods, despite the administration's claims that foreign exporters bear the cost.

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What are the immediate consequences of the new US-Vietnam trade agreement on American consumers?

President Trump announced a new trade agreement with Vietnam that will increase tariffs on Vietnamese goods imported to the US by a minimum of 20%, doubling the current rate. This will likely lead to higher prices for American consumers on goods such as electronics, apparel, footwear, and furniture, as businesses may pass on increased costs.

nbcnews.com

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Jul 3, 13:13

US Economy Shows Mixed Signals Amidst Slowing Job Growth and Rising Unemployment

Conflicting economic data show slowing job growth (projected 110,000 in June, lowest since February) and rising unemployment (4.3%), amidst stable inflation and wage growth, influenced by President Trump's policies and ongoing tariff and tax bill debates.

US Economy Shows Mixed Signals Amidst Slowing Job Growth and Rising Unemployment

Conflicting economic data show slowing job growth (projected 110,000 in June, lowest since February) and rising unemployment (4.3%), amidst stable inflation and wage growth, influenced by President Trump's policies and ongoing tariff and tax bill debates.

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How are President Trump's policies contributing to the current economic uncertainty and conflicting data?

This economic uncertainty stems from President Trump's policies, creating volatility in business decisions and hiring. Conflicting data points—positive stock market performance and strong consumer spending against weak manufacturing data and hiring reluctance—indicate a complex economic picture. The situation is further complicated by ongoing debates about tariffs and a new tax bill.

pda.kp.ru

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Jul 3, 01:13

Russia Cautiously Lowers Interest Rates Amid Inflation Slowdown

Russia's central bank is cautiously lowering interest rates to combat inflation, which slowed to 0.19% in June, while navigating challenges from high military spending, sanctions, and a strong ruble. The bank aims for a soft economic landing, learning from Turkey's past inflationary struggles.

Russia Cautiously Lowers Interest Rates Amid Inflation Slowdown

Russia's central bank is cautiously lowering interest rates to combat inflation, which slowed to 0.19% in June, while navigating challenges from high military spending, sanctions, and a strong ruble. The bank aims for a soft economic landing, learning from Turkey's past inflationary struggles.

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What is the central bank's strategy for managing inflation while fostering economic growth, and what recent data influences this strategy?

Russia's central bank is carefully managing its key interest rate to balance inflation and economic growth. Recent data shows inflation slowing to 0.19% in June, exceeding expectations. However, the bank remains cautious, wary of repeating past mistakes where premature rate cuts fueled inflation.

pda.kp.ru

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Jul 6, 10:10

Russian Non-Working Pensioners' Average Payment Reaches 24,019 Rubles

The average monthly pension for non-working pensioners in Russia reached 24,019 rubles by April 1, 2025, up from 23,758 rubles on January 1, 2025; further increases are planned for July 2025 for specific groups, and a major budget allocation targets pension payments in 2026.

Russian Non-Working Pensioners' Average Payment Reaches 24,019 Rubles

The average monthly pension for non-working pensioners in Russia reached 24,019 rubles by April 1, 2025, up from 23,758 rubles on January 1, 2025; further increases are planned for July 2025 for specific groups, and a major budget allocation targets pension payments in 2026.

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What is the current average pension for non-working pensioners in Russia and how does this compare to previous figures?

The average monthly pension for non-working pensioners in Russia reached just over 24,000 rubles as of April 1, 2025, according to the Social Fund of Russia (SFR). This is a slight increase from 23,758 rubles on January 1, 2025. Pension increases were implemented on June 1st for 80-year-olds and those with first-group disabilities.

elmundo.es

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Jul 5, 04:10

Spain's Housing Crisis: Prices Surge, Outpacing EU Average

Spain's housing prices surged 3.6% in Q1 2025 versus Q1 2024, exceeding the EU average by a factor of 2.5, driven by construction worker shortages and high demand; Madrid's prices rose 25% year-on-year.

Spain's Housing Crisis: Prices Surge, Outpacing EU Average

Spain's housing prices surged 3.6% in Q1 2025 versus Q1 2024, exceeding the EU average by a factor of 2.5, driven by construction worker shortages and high demand; Madrid's prices rose 25% year-on-year.

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What are the primary causes of Spain's sharply rising housing costs, and what are the immediate consequences for residents?

Spain's housing crisis is intensifying, with house prices rising 3.6% in the first quarter of 2025 compared to 2024, significantly higher than the EU average of 1.4%. This surge is driven by a construction worker shortage and high demand, exacerbated by saturated tourism.

t24.com.tr

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Jul 5, 16:11

Turkish Business Leader Warns of Inflationary Impact from Recent Price Hikes

TESK Chairman Bendevi Palandöken warns that recent price hikes, especially in natural gas, will worsen inflation and harm Turkey's economic recovery, urging the government to intervene and protect small businesses.

Turkish Business Leader Warns of Inflationary Impact from Recent Price Hikes

TESK Chairman Bendevi Palandöken warns that recent price hikes, especially in natural gas, will worsen inflation and harm Turkey's economic recovery, urging the government to intervene and protect small businesses.

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How do existing energy pricing policies disproportionately affect Turkish small businesses, and what are the contributing factors?

Palandöken highlights the energy sector's role as a major input cost for businesses, with many relying on electricity or natural gas. Existing electricity tariffs disadvantage businesses compared to industrial users and households, exacerbating the burden of rising energy costs. The removal of alternative energy sources like wood and coal further compounds the problem.

cincodias.elpais.com

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Jul 4, 07:13

Euro's Surge Against Dollar Raises ECB Concerns

The Euro has surged to its highest level against the dollar since 2021, rising 3.5% in less than a month, prompting concerns within the European Central Bank (ECB) about its potential negative impact on the Eurozone economy.

Euro's Surge Against Dollar Raises ECB Concerns

The Euro has surged to its highest level against the dollar since 2021, rising 3.5% in less than a month, prompting concerns within the European Central Bank (ECB) about its potential negative impact on the Eurozone economy.

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What are the primary short-term and long-term factors driving the Euro's appreciation against the dollar?

This rapid appreciation of the Euro, driven by factors such as interest rate differentials with the US and concerns over US economic policy, is causing unease within the European Central Bank (ECB). The ECB acknowledges the potential for this to lower inflation and growth, impacting their monetary policy goals.

welt.de

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Jul 3, 19:17

German Unemployment Stagnant Despite Slight Drop

Germany's June 2025 unemployment slightly decreased by 5,000 to 2.914 million, yet remains significantly higher than the previous year, revealing a persistent structural crisis amidst low hiring and rising social welfare costs; the defense sector booms, counteracting some job losses.

German Unemployment Stagnant Despite Slight Drop

Germany's June 2025 unemployment slightly decreased by 5,000 to 2.914 million, yet remains significantly higher than the previous year, revealing a persistent structural crisis amidst low hiring and rising social welfare costs; the defense sector booms, counteracting some job losses.

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What is the immediate impact of the German labor market's stagnation on the national economy and social welfare system?

The German labor market experienced minimal improvement in June 2025, with unemployment falling by only 5,000 to 2.914 million, exceeding June 2024 levels by 188,000. The unemployment rate remained stagnant at 6.2 percent, reflecting low hiring among companies.

dailymail.co.uk

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Jul 3, 16:14

UK Bond Yields Fall After PM Rules Out Chancellor's Dismissal

UK government bond yields fell today after Prime Minister Keir Starmer confirmed Chancellor Rachel Reeves would remain in her position, easing market concerns that had driven up borrowing costs the previous day; however, lingering uncertainties persist regarding the UK's fiscal policy amid high infl...

UK Bond Yields Fall After PM Rules Out Chancellor's Dismissal

UK government bond yields fell today after Prime Minister Keir Starmer confirmed Chancellor Rachel Reeves would remain in her position, easing market concerns that had driven up borrowing costs the previous day; however, lingering uncertainties persist regarding the UK's fiscal policy amid high infl...

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How do rising inflation expectations and fiscal policy challenges contribute to the current market volatility?

The market's reaction reflects concerns about the UK's fiscal policy, particularly given high inflation (3.4 percent in May) and challenges in managing public spending cuts without tax increases. Investor expectations for UK inflation surpass G7 peers due to factors such as increased public sector pay. This situation is driving up the cost of long-term borrowing, as seen in the 35 and 65 basis point increases in 10 and 30-year gilt yields over the past year, respectively.

Showing 505 to 516 of 2,728 results