Rising interest rates and inflation weigh on investors worldwide
08 May 2022 | 8:18 am
After a sell-off on Wall Street, global investors are grappling with price increases and rising borrowing costs. Inflation is particularly brutal in Turkey, and the Greek government unveils a program to protect households from soaring energy prices.
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1 Nov 2022
The increase outpaced the predictions from economists. The European Central Bank hinted that another interest rate hike was likely on the horizon.
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Find these stories and much more when you grab a copy of The Guardian on Thursday.
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Nigeria's inflation rate has hit a Seventeen year high. This is a report by the National Bureau of Statistics released in September 2022. GuardianTV takes an in-depth look at the reasons for the all-time inflation.
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The inflation rate in Europe's top economy dropped to 10% for November, preliminary data from Germany's federal statistics agency Destatis showed. This comes after hitting a record high in October.
The euro is performing better than expected with annual inflation dropping to 10% in November this year, partly due to energy prices. But experts are not overly optimistic.
The head of Germany's central bank has said it will take until 2024 for inflation to decline sharply. Joachim Nagel said it would take time for the effect of higher interest rates to kick in.
Consumers can expect more price rises in 2023 and 2024 as energy costs remain elevated, the head of a group of experts advising the German government said.
European companies in 2023 are not expected to forget Southeast Asia and return their investments to China — despite Beijing shedding its draconian "zero-COVID" restrictions.
France's cost of living crisis shows signs of stabilizing, as inflation dropped from 7.1% to 6.7% in December. It's among the lowest levels in the Eurozone, but many households and businesses are still struggling. French bakers are asking for more financial aid, with the cost of flour up a staggering 45%.
France's cost-of-living crisis shows signs of stabilising, as inflation dropped from 7.1 percent to 6.7 percent in December. It's among the lowest levels in the eurozone, but many households and businesses are still struggling.
Inflation in the 19 countries using the euro stood at 9.2% year-on-year in December. Having peaked in October at 10.6%, a slight reduction in the pace of inflation is prompting hopes of the peak having passed.
Inflation in Germany stood at an aggregate of 7.9% for 2022, official figures show. That's the highest it's ever been in Germany's post-war history. Food and fuel prices in particular drove consumer prices skyward.
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