Inflation rate
Economy
UK Price Inflation Rate Reaches 40-Year High
Consumer price inflation in U.K. has hit a 40-year high at 10.1 percent in the 12 months to July 2022, according to the latest data.
Economy
Greek Inflation Rate Soared to 11.3 percent in May
Much like in many parts of the world, the inflation rate in Greece has soared to its highest rate in nearly thirty years this month.
The Greek inflation rate reached 11.3 percent in May alone, which is up from 10.2...
Business
Turkish Lira Hits New Low Point, Plunging 5.6%
The Turkish lira dipped another 5.6%, hitting record lows against the US dollar on Thursday after the country's central bank slashed its policy rate in line according to the unorthodox economic scheme created by President Tayyip Erdogan.
The currency hit...
Economy
Turkey’s Lira Dives 15% in Second-Worst Day Ever
Turkey's lira skidded an incredible 15% on Tuesday as the nation weathered another drop in the value in its currency, amounting to 45% over 2021.
Constituting its second-worst day in history, the lira took a nosedive after Turkish President Recep...
Business
US Inflation Now at Highest Rate in 30 Years
Inflation in the United States is now at its highest rate in 31 years, according to economic experts -- and "it won't get better until it gets worse," topping out perhaps in January of 2022, before it subsides.
Prices for...
Economy
Greece's Inflation –0.9 Percent, Eurozone at Record Lows
Data released Monday shows Greece and Cyprus trailing as eurozone consumer inflation once again slowed to its lowest ever annual pace in February, matching a figure that in November caused an unexpected interest rate cut by the European Central Bank (ECB).
Updated Eurostat data showed...