Tag #Purchasing Power

Showing 1 to 12 of 15 results

zeit.de
🌐 75% Global Worthiness
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German Inflation Stabilizes, But Public Anxiety Persists

Germany's inflation rate has fallen to 2.1 percent, yet a recent poll reveals that 79 percent of Germans remain concerned about rising prices, primarily due to lingering effects of past increases in food and energy costs despite recent wage increases and decreased prices of some goods.

Progress

36% Bias Score

No Poverty
de.euronews.com
🌐 75% Global Worthiness
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EU Real Net Income: 2024 Report Highlights Disparities

A 2024 OECD report reveals that seven EU countries experienced a decrease in real net income due to higher tax rates exceeding real wage growth, while Germany saw a slight increase; this is partly attributed to 'bracket creep', where inflation pushes people into higher tax brackets.

Progress

24% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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EU Minimum Wage Directive Spurs Record Increases Across Europe

The EU directive on adequate minimum wages is driving substantial increases in minimum wages across the EU, with Greece's minimum wage rising to €880 and projected to reach €900 by 2027, reflecting a broader trend of nominal increases exceeding inflation in most member states.

Progress

24% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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Italian Wages Lag Behind Inflation, Leaving Households Struggling

Italian wages in March 2025 are still 8% below January 2021 levels in real terms due to inflation, impacting household purchasing power and causing significant economic hardship, according to Istat data.

Progress

52% Bias Score

No Poverty
es.euronews.com
🌐 75% Global Worthiness
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Wide Variations in European Energy Prices Revealed

As of January 3, 2025, the HEPI shows wide variations in residential electricity and gas prices across 33 European capitals; electricity prices ranged from €0.091/kWh in Budapest to €0.404/kWh in Berlin, while gas prices varied from €0.025/kWh in Budapest to €0.333/kWh in Stockholm.

Progress

32% Bias Score

Affordable and Clean Energy
it.euronews.com
🌐 85% Global Worthiness
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EU Average Salaries in 2023: Wide Disparities Remain

In 2023, the EU average annual gross salary for a full-time employee was \u20ac37,863, ranging from \u20ac13,503 in Bulgaria to \u20ac81,064 in Luxembourg; adjusting for purchasing power parity reduces, but does not eliminate, the disparity.

Progress

20% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Slowdown in Spanish Household Income Growth Amidst Persistent Inflation

Spanish household pre-tax income growth slowed to 7.4% in Q1 2025, down from 8.5% in Q1 2024, due to slower wage and investment income growth; while exceeding current inflation, past inflation eroded purchasing power, and future projections show a narrowing gap between wage growth and inflation.

Progress

36% Bias Score

No Poverty
tr.euronews.com
🌐 85% Global Worthiness
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European Net Earnings Disparities in 2024

In 2024, Luxembourg (€50,410) had the highest average annual net earnings among EU countries, while Bulgaria (€11,074) had the lowest; Switzerland (€85,631) topped non-EU countries, reflecting variations in tax systems, social benefits, and purchasing power.

Progress

12% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
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Dutch Tax Rules Reduce Holiday Pay for Low-Income Part-Time Workers

New tax rules in the Netherlands caused a decrease in holiday pay for part-time workers earning €1000 gross per month, receiving €213 less than last year, while those earning less than €1000 receive the same and those earning more than €2000 receive more.

Progress

52% Bias Score

Reduced Inequality
nrc.nl
🌐 75% Global Worthiness
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Dutch Q1 2025 Wage Growth: 5.5% Increase, Sectoral Variations

Dutch Q1 2025 cao wages rose 5.5% versus Q1 2024; purchasing power increased by 1.8%; information and communication sector wages rose 9.6%; real estate wages remained unchanged; recent agreements show significant wage increases in pharmacies (20%) and hospitals (8%).

Progress

40% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Spain Debates Minimum Wage Tax Amid Inflationary Pressures

The Spanish government is debating whether minimum wage earners should pay income tax, highlighting a conflict between social support and tax contribution; the debate reveals a broader issue of declining purchasing power due to inflation and unchanged tax brackets since 2015, impacting all workers.

Progress

52% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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German Parental Allowance Loses 38% Purchasing Power Since 2007

A study by the Institute of the German Economy (IW) reveals that Germany's parental allowance (Elterngeld) has lost 38 percent of its purchasing power since 2007 due to uncompensated inflation, impacting the middle class and exceeding a broken governmental promise to adjust the allowance.

Progress

56% Bias Score

No Poverty

Showing 1 to 12 of 15 results