Cyprus records 8.9 per cent inflation in August
Inflation in August 2022 increased by 8.9 per cent in Cyprus, according to data published by the Statistical Service of Cyprus on Friday. The Consumer...
inflation
French retailer Carrefour to freeze prices on 100 products to tackle inflation
French supermarket retailer Carrefour (CARR.PA) said it would freeze the prices on 100 of its products, in order to help French people tackle soaring inflation...
Inflation in July rose 10.9% year-on-year, up 8.23% in first eight months
Inflation increased by 10.9 per cent year on year in July driven by hikes in electricity, which rose 61.7 per cent and fuel 44.1 per...
UK inflation strikes new 40-year high of 9.4% in June
British consumer price inflation surged again in June to hit an annual rate of 9.4%, the highest rate since early 1982, according to official figures that...
Energy crisis and inflation quells rebound of economy – CBC
The current energy crisis and inflation have undone the rebound in the Cyprus economy registered last year, depleting households’ disposable income and posing a threat...
Neophytou to announce 100-point plan on Monday to tackle inflation crisis
Ruling Disy leader and presidential candidate Averof Neophytou is on Monday expected to announce a series of ‘radical proposals’ to deal with the inflation crisis,...
Fiscal council sounds the alarm, issues gloomy outlook
The fiscal council has sounded the alarm over delays in securing EU funds from the bloc’s recovery plan, casting a gloomy outlook against the backdrop...
Inflation crisis: Does the government grasp the gravity of the situation?
Given that consumer prices will continue to rise over the coming months with increases in incomes falling far behind, even lower middle-income households are likely...
House gives the nod for over €100m to ease inflation pain
The House of Representatives on Thursday greenlit the state’s first supplementary budget for fiscal year 2022, amid criticism that the government keeps wasting taxpayer money...
PEO criticises government ‘inactivity’ over price increases
Despite the government’s attempts to gather proposals to tackle rising prices and inflation, some are already expressing their discontent over the expected outcome and point...
