Tag: Inflation

Minhacienda reiterated that Colombian growth will reach 1.5% in 2024

Minhacienda reiterated that Colombian growth will reach 1.5% in 2024

In this sense, he claimed that by 2023 a economic growth of 1.2%, which would be driven by the public administration, artistic activities and financial activities. Bonilla explained that in January 2024 the inflation continued to decline for the tenth straight month, consolidating into single digits. “The interest rates of Finance system they stay high. […]

Restrictions from the Red Sea New price crisis in Italy: 95 million damage per day Ships had to go around Africa to avoid attacks off the coast of Yemen. Today it is four times more expensive to buy a container from China and the effects on Italian ports are already visible: as there are fears of a 1.8 percent increase in inflation

Restrictions from the Red Sea New price crisis in Italy: 95 million damage per day Ships had to go around Africa to avoid attacks off the coast of Yemen. Today it is four times more expensive to buy a container from China and the effects on Italian ports are already visible: as there are fears of a 1.8 percent increase in inflation

The Bab el-Mandeb Strait is the gateway to the Suez Canal and the Mediterranean from the south. It is located at the mouth of the Red Sea and is the third most important global “bottleneck”, a bottleneck that has become the only transit point for ships from around the world. The war between Israel and […]

“Inflation is falling”: but the ECB is not cutting interest rates

“Inflation is falling”: but the ECB is not cutting interest rates

The signs are not negative, but the ECB continues to hold the handbrake on the cost of money. The European Central Bank decided to leave interest rates unchanged at 4.50 percent. European economic authorities themselves claim the goodness of the choices made so far: “In addition to the upward base effect on general energy-related inflation, […]

Household spending in 2023: more money fewer units purchased

Household spending in 2023: more money fewer units purchased

By 2023, Housing in Colombia faced a challenging scenario, characterized by the continued upward trend in inflation since the start of the pandemic. This phenomenon has left its mark on the purchasing power of households in the shopping cart. One of the determining factors in this panorama was the increase in rental prices and the […]

Inflation alarm Mobile phones, televisions, oil and bills: All products are at risk of coup due to the crisis in the Red Sea. New increases are seen in many products due to the attacks of Houthi rebels on container ships in the Suez Canal. There are also concerns about exports and some supply chains

Inflation alarm Mobile phones, televisions, oil and bills: All products are at risk of coup due to the crisis in the Red Sea. New increases are seen in many products due to the attacks of Houthi rebels on container ships in the Suez Canal. There are also concerns about exports and some supply chains

Mobile phones, televisions, refrigerators, as well as gasoline, bills, fruit and vegetables may become more expensive in the coming months due to the crisis in the Red Sea. Although the Houthi rebels’ attacks on container ships carrying goods from Asia to Europe seem far away to us, their effects can directly reflect on our pockets. […]

Inflation. How does Poland compare to other EU countries?

Inflation. How does Poland compare to other EU countries?

According to Eurostat data, inflation in Poland was 6.2% in December 2023. on a yearly basis. The lowest rate was recorded in Denmark (0.4%). HICP inflation in Poland fell to 6.2%. y/y in December 2023 compared to 6.3 percent Y/Y inflation a month earlier – reported EU statistics agency Eurostat. On a monthly basis, the […]

Merchants in the country insist the national government is stigmatizing them

Merchants in the country insist the national government is stigmatizing them

“We welcome the academic debate, with true facts and well-substantiated figures, but without ideological biases and tendentious interpretations against the Colombian business fabric‘, said the union leader. The document of Treasury revealed that data on the effect of corporate profits on inflation, refers to recent studies and statements from the European Central Bank and the […]

From the (not too big) basket to the full stomach: tips for saving money on shopping

From the (not too big) basket to the full stomach: tips for saving money on shopping

Italians’ shopping baskets are still heavy and inflation is still affecting family savings. This was also revealed by a survey by Altroconsumo, which underlined that in 2023, every Italian family will spend an average of 409 euros per month on food expenses. This average increases significantly compared to 2022, when each family will spend 382 […]

Because starting from February, pasta, biscuits and snacks will be cheaper: “Prices dropped by 15 percent”

Because starting from February, pasta, biscuits and snacks will be cheaper: “Prices dropped by 15 percent”

Barilla announced that it will reduce the prices of its products by 7% to 15% within a few weeks, starting in February. The decision will have a positive impact on the food expenses of many Italians struggling to make ends meet, the Parma-based food company said in a note. “This is a major operation that […]

Toninelli caught tuna and salmon in the supermarket: “Look, 7.99 euros, an incredible price.”

Toninelli caught tuna and salmon in the supermarket: “Look, 7.99 euros, an incredible price.”

Danilo Toninelli said he couldn’t afford tuna and salmon anymore? WRONG. With his usual enthusiasm, the former M5s minister dismisses newspaper headlines about his alleged difficulty in purchasing the aforementioned fish products due to inflation as “nonsense”. “I shop just like you,” Toninelli said while responding to a user during a livestream a few days […]

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