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inflation

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...

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...

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...

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,...

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...

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...

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...

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...

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...

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...