Europe's inflation falls to a two-year low. It offers confidence, but rising oil prices are imminent.

Inflation, which has been a problem for Europeans, fell sharply in September to the lowest level in two years, strengthening hopes that consumers will get relief from costlier groceries, vacations, and haircuts - and that the European Central Bank won't have to further restrict the economy by...

In February, wholesale inflation slows down to 3.85%.

Inflation based on wholesale prices went down for the ninth straight month in February, coming in at 3.85%. This was because the prices of made goods, fuel, and electricity all went down. Inflation based on the wholesale price index (WPI) was 4.73 percent in January of this year and 13.43 percent...

Dollar gains ground as attention shifts to inflation in Europe

Following unfavorable surprises in Germany, France, and Spain that gave the euro a boost this week, the dollar took a breather in Asia on Thursday, stabilizing as U.S. yields increased and investors awaited European inflation data. The dollar's 0.9% loss against the euro on Wednesday was the ...

Germany's exports and imports will rise in 2022 as a result of the energy crisis and high inflation.

According to preliminary estimates issued by the Federal Statistical Office, Germany's imports and exports both climbed year on year in 2022, despite the energy crisis and high inflation (Destatis). According to Destatis, Europe's largest economy's exports increased 14.3% year on year...

Nutrition and health are vulnerable to inflation's effects due to the rising cost of food

Considerable thought should be given to the impact that growing grocery costs have on consumer spending habits, household budgets, health outcomes, and the cost of healthcare overall. Statistics Canada has released its most recent report on the price fluctuations of commonly purchased commodities...

The German dollar's decline was halted by a surprising jump in inflation

After a surprising slowdown in German inflation boosted bunds and sent the common currency falling, the euro nursed losses on Wednesday and has helped the dollar make a good start to 2023. After falling 1% overnight, the euro continued to trade at three-week lows at $1.0550 at the start of the As...

In Germany, inflation is shattering the backs of tiny family farmers.

Animal farming was one of several businesses that the Ukrainian government tried to make more sustainable before the conflict. Many organic free-range farms are now struggling for survival.

"It's just not economically conceivable without some type of intervention," says Th...

The Fed's preferred inflation gauge is improving.

The Bureau of Economic Analysis announced on Thursday that an inflation gauge preferred by the Federal Reserve fell significantly in October, bolstering expectations that rising prices are beginning to level off.

The core personal consumption expenditures price index, which excludes typ...

In October, inflation has consumers feeling more pessimistic than ever

Just two weeks before the midterm elections, Americans' concerns about the current status of the economy and inflation caused a dramatic decline in consumer confidence in October.

The Conference Board's measure of consumer confidence fell to 102.8 from 107.8 in September, primar...

Attempts to combat inflation and a depreciating currency in Japan may require a $30 trillion stimulus package

Towards that end, a top legislator from the ruling party has suggested that Japan set its sights on roughly 30 trillion yen for the new economic package that will be drafted later this month.

After meeting with Prime Minister Fumio Kishida, Liberal Democratic Party policy head Koichi Ha...

Beer prices have gone up due to inflation, therefore brewers are having a hard time preparing for Oktoberfest

The festival commences at noon Saturday when Munich's mayor taps the first keg and proclaims “O'zapft is,” or “It's tapped” in Bavarian dialect.

While the rising cost of a round of beer on the festival's long wooden benches is certainly a factor, ...

A spike in service prices drove up wholesale inflation more than economists had predicted in September.

The Bureau of Labor Statistics stated on Wednesday that wholesale price increases of 0.4% in September were beyond market expectations.

When compared to August's gain of 0.3%, this is a huge jump.

The PPI increased 8.5% over the previous 12 months, somewhat less than the 8...

With rising energy prices and a depreciating yen, Tokyo is seeing its highest rate of inflation in 30 years

Core consumer prices in Tokyo rose 2.8% from a year earlier in September due to rising energy costs and a weak yen, the fastest annual rate of increase in almost three decades when removing the effects of tax increases.

The Ministry of Internal Affairs and Communications said that the c...

France's top budget aim for 2023 is reportedly lowering inflation

France's finance minister stressed the importance of fighting inflation on Monday as he presented a 2023 budget that faces "exceptional uncertainty" as a result of Russia's war in Ukraine.

While presenting the 2023 budget plan, French Finance Minister Bruno Le Maire to...

In August, yearly inflation in the Eurozone reached a record 9.1%

With an increase in energy costs mostly resulting from Russia's conflict in Ukraine, the eurozone's inflation rate in August reached a new high of 9.1%.

According to the most recent statistics made public on Wednesday by the European Union statistics office Eurostat.

T...

Germanies Inflation Rate increase by 8% only in the month of August

Inflation Increased due to Following two months of declines due to the 9-euro public transportation ticket and other government initiatives. The energy industry has experienced the largest price hikes, at an astounding 35.6%.

German inflation increased in August after modestly declining...

A Korean group visits Washington to conduct US IRA negotiations.

According to Foreign Ministry on Monday they stated that the South Korean government is planning to sending a group of negotiators to Washington to address the US Inflation Reduction Act, which plans to disallows tax benefits for electric vehicles made outside of North America.

Accordin...

The state has imposed a price cap on oil refineries

To better control energy inflation, energy authorities are considering setting a price restriction on oil sold by Thai refineries, with current measures to combat the problem set to expire this month.

According to Energy Minister Supattanapong Punmeechaow, the Energy Ministry has organi...

Inflation in the United States has reached a 40-year high

There's a simple reason for this: current demand exceeds supply. Politicians, customers, and social media trolls all weigh in on why things have come to this, from the Biden administration's ostensibly anti-energy policies to oil firms' craven avarice.

However, once the acut...

The Escalating Prices of Fuel Prove to Have Adverse Effects on Governments with Upcoming Elections

The rise in gasoline prices is increasing inflation, and governments and central banks are getting headaches because of this, globally. There are elections coming up in many countries and they severely oppose the idea.

While an excellent example of the effect of the rising fuel prices o...