inflation
Business
Bitcoin Surges as Inflation Fears Hit the US
The value of Bitcoin rose on Friday after a new report found that U.S. consumer prices are growing at the fastest rate since 1982.
The cryptocurrency climbed 4.4% to $50,101 after the report on inflation became public. This surge is...
Business
Inflation Surge Hits United States, Greece
The scourge of inflation is hitting the United States and Greece hard this holiday season, with high prices for fuel oil and gas causing reverberations throughout the entire economy of the world.
Consumer prices in the US rose 6.8% in...
Economy
Crisis in Turkey Forces Vendors to Sell the Delicacy Koulouri Cut in Half
The economic crisis and spiraling price rises in Turkey have forced street vendors to sell their iconic bread koulouri, or as Turks call it “simit”, cut in half.
Turkish citizens are having increasing difficulties coping with the rising prices of...
USA
Why Thanksgiving Turkeys are Much More Expensive This Year
The American Farm Bureau reported on Monday that the prices of Thanksgiving turkeys and other holiday meal mainstays have skyrocketed in 2021. The Bureau estimates that the cost for entire Thanksgiving meal has gone up 14% from last year,...
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
Greek Inflation Rises by One Percent in November
Inflation, or the adjusted index of consumer prices, showed an increase of 1.1 percent in November over levels of a year ago, according to Greek Statistical Authority (ELSTAT) data published on Monday.
The average annual inflation rate for the period...
Economy
Greek Inflation Sees Small Fall After Months of Rises
The Greek inflation rate fell 0.2 percent in March this year after several months of increases, the Hellenic Statistical Authority said this week.
The statistics service, in a report, said that the consumer price index fell 0.2 percent in March...
Economy
New Data Put Greek Annual Inflation Among Eurozone's Lowest
Greece's annual inflation was 0.4 percent in February, Eurostat reported on Friday, putting it among the lowest rates in the eurozone and below the EU average of 1.3 percent.
The data placed Greece among Cyprus, Denmark and Italy as having...
Economy
Eurostat: Greek Inflation Rate at 1.7% in March
The Greek annual inflation rate was 1.7 pct in March from 1.4 pct in February, Eurostat said on Wednesday.
The EU executive's statistics office said that the annual inflation rate in the Eurozone was 1.5 pct in March, from 2.0...
Economy
Greek Αnnual Ιnflation Rose to 1.7% in March
Greek annual inflation rate rose to 1.7 pct in March this year, from 1.3 pct in February and -1.5 pct in March 2016, boosted by price increases in food products, alcohol, cigarettes, heating oil and transport.
Hellenic Statistical Authority, in...