Rampant inflation, damaged crops and the war in Ukraine have sent food prices soaring during the Muslim holy month of daytime fasting and nighttime feasting.
Tag: Inflation (Economics)
Inflation Keeps Cooling
Prices aren’t climbing as quickly as they once were.
IMF Lowers Growth Outlook Amid Financial System Tremors
The International Monetary Fund says a painful slowdown, which could include a recession, has become a bigger risk for the global economy.
Eurozone Inflation Falls to 6.9%, as Energy Prices Ease
The rate of inflation in countries using the euro slipped to 6.9 percent over the year through March, from 8.5 percent the previous month, but underlying price gains edged higher.
Global Economy May Be in a ‘Lost Decade,’ World Bank Warns
Adding to crises like the pandemic, recent stress in the banking system is a new threat to world growth, experts at the organization said.
U.K. Inflation Swings Upward, to 10.4 Percent
Prices in Britain reversed a recent downward trend, rising 10.4 percent over the year through February.
Estonia Election Delivers Vote of Confidence for Ukraine Aid
The party of Prime Minister Kaja Kallas, who has pushed the West to send more weapons to Kyiv and impose tougher penalties on Moscow, took about double the tally of the second-place finisher.
How Climate Change Is Making Tampons (and Lots of Other Stuff) More Expensive
Cotton farmers in Texas suffered record losses amid heat and drought last year, new data shows. It’s an example of how global warming is a “secret driver of inflation.”
A Surprise Pick to Lead the Bank of Japan Faces a Wrenching Choice
Kazuo Ueda is set to replace the longtime governor who helped put the country on an unorthodox monetary path. Will he change course?
Why Eggs Cost So Much
Inflation, avian flu and war have made a food staple much more expensive.