UK inflation: how experts pick goods to track price changes and what it says about UK consumers: What goes into the shopping basket of goods used to track inflation? Tara Clark/Unsplash, CC BY-SA For the first time in several generations, inflation is a concern for people in the UK. The Consumer Price Index (CPI) rose …
Rising food prices hit poor people the hardest: a close look at inflation in South Africa: Food prices in South Africa are rising. Photo by Chen Cheng/Xinhua via Getty Images Concerns about rising food prices are making the headlines across the world as pressures mount in the wake of Russia’s invasion of Ukraine. The war …
Nigeria has just hiked interest rates: why it’s the wrong recipe for curbing inflation: Interest rate hike may not directly impact the average Nigerian Photo by Amos Gumulira/AFP via Getty Images The Central Bank of Nigeria recently announced an increase in the interest rate, from 11.5% to 13%, a 1.5 percentage point hike that took …
Wages: why are they not keeping up with inflation?: There has been a huge amount of concern about rising inflation in recent months, and it’s made worse by the fact that wage inflation has not been keeping up. A few workers in high-paid jobs have enjoyed higher bonuses and inflation-busting pay rises – it has …
Inflation: there’s a vital way to reduce it that everyone overlooks – raise productivity: Inflation has become one of the great issues of our times. The UK’s is the highest in the G7, weighing in at 9% a year according to the most recent figures on consumer price inflation. When you look at the other …
How soaring inflation can be particularly harmful for young people: Shutterstock/SpeedKingz Inflation rates have become almost impossible to ignore. In the UK, inflation has soared in recent months, now reaching 9% – the highest rate for 40 years. The Bank of England expects it to rise to 10% this year and for the economy to …
Inflation: the supermarket business model is too fragile to shield customers from rising food prices: Shutterstock/photocritical Food prices, like almost everything else, are rising fast. There have recently been warnings of “apocalyptic” costs, and a declaration that the “era of cheap food” is over. Such announcements have been linked to creaking economies trying to recover …
Inflation should be viewed as public enemy number 1: here’s why: Food inflation is hitting people across the board in multiple countries. Getty images Inflation is a process of sustained increases in the general price level over a period of time, typically 12 months. Inflation can be calculated for a country, for specific regions in …
Inflation will probably melt away in 2022 – central banks will do far more harm trying to tackle it: It remains to be seen whether the omicron variant will shift Sars-CoV-2 towards becoming manageably endemic. But as and when this happens, there will still be “long COVID” to contend with. The latest headlines about inflation – …
Inflation: why it is the biggest test yet for central bank independence: Central banks are being tested by the recent resurgence in inflation, with the US recently reporting an annual rate of inflation of 6.8%, the highest in nearly 40 years. The question they are all asking is whether this inflation is temporary (“transitory”) or …
South Africa in the news: US inflation expectations drop to 11-week low as Fed Interest Rate Decision looms: US inflation expectations, as measured by the 10-year breakeven inflation rate per the St. Louis Federal Reserve (FRED) data, printed a four-day fall with Tuesday’s reading of 2.37%, per the data …: “South Africa” – BingNews Newspaper …
Nigeria’s food inflation: losers, winners and a possible solution: The World Bank says Nigeria's surging inflation had pushed an estimated seven million citizens below poverty line in 2020. Olukayode Jaiyeola/NurPhoto via Getty Images Recent inflation numbers from Nigeria are creating serious concern over the rising cost of food items in the country. But this is …
Inflation: why it’s temporary and raising interest rates will do more harm than good: A lot of hot air. Africa Studio Inflation fears have been mounting. The UK annual rate hit 4.2% in October, the highest in a decade, and it’s a similar story in numerous other countries. This has been causing a lot of …
South Africa in the news: Fuel inflation the biggest risk in Sarb’s repo rate decision: Despite inflation for October being pretty much in-line with expectations and stabilising at 5%, fuel inflation on the back of a sharp increase in crude oil prices and a significantly weaker rand will …: “South Africa” – BingNews India clubbed …
South Africa in the news: Eurozone growth beats expectations, as inflation hits a 13-year high: The ECB sees inflation pressures as temporary and is unlikely to raise interest rates. The eurozone economy has outperformed consensus estimates as it grew by 2.2% quarter-on-quarter in Q3, matching …: “South Africa” – BingNews SIS signs South Africa focused …
South Africa in the news: South Africa: Inflation risks undermine case for equity investors, research says: “The prospect of stagflation as South Africa experiences relatively low economic growth with rising inflation” dims prospects across the board, with the exception of food retail, according to analysis …: “South Africa” – BingNews T20 World Cup: It’s going …
South Africa in the news: Fed’s Powell says ‘premature’ to up rates despite inflation risk: WASHINGTON – Despite a risk that high inflation in the United States could persist, it would be “premature” to raise borrowing rates and risk slowing the economic recovery, Federal Reserve Chair …: “South Africa” – BingNews ‘More Ghanaians Risk Getting …
South Africa in the news: Rand Report: Rand makes a strong gain alongside updated inflation data: Another round of high inflation numbers has sparked concerns over the persistence in the recent upward price pressure.: “South Africa” – BingNews SA Squad: Two uncapped; Steyn retires; De Klerk out: South Africa name two uncapped players in their …