Annual inflation rate exceeds the central bank’s prediction, rising to 7.3%. The price of constructing a new dwelling increases by 18% in a year. According to government data, the annual inflation reached a new 32-year high, increasing from 6.9% in the first quarter to 7.3%. Analysts predicted a 7.1% growth
The increase in food costs accelerated to 3.2% from November’s rate of 2.2%. France, Italy, and Spain this week registered new all-time highs in the inflation rates. Eurozone inflation climbed to a new level, consumer prices increased 8.6% from a year earlier in June, up from 8.1% in May, pushed
Central banks should not reverse government asset purchases. The crypto market has been in red this December. The US inflation rate just hit 6.8%, the highest in over 40 years, placing pressure on the country’s central banks. Everyone wants to know whether this inflation is transitory or permanent. Persistent problems
