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Tag: consumer price


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Inflation in Europe eases but still in painful double digits

November 30, 2022

Via: ABC News

Inflation in Europe has eased for the first time in more than a year as energy prices drifted down from painful highs, but the double-digit rate still hovers near a record that has robbed consumers of their spending power and […]


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U.S. Supplier Price Increases Eased in October, Taking Pressure Off Inflation

November 15, 2022

Via: The Wall Street Journal

U.S. supplier price increases slowed in October for the second straight month, a sign inflation pressures could be abating. The producer-price index, which generally reflects supply conditions in the economy, climbed 8% on a 12-month basis in October, the Labor […]


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UK economy shrinks as economists warn of more pain to come

November 11, 2022

Via: ABC News

Britain’s economy shrank in the three months to September, official statistics said Friday, as forecasters warned of many months of contraction to come. The Office for National Statistics said gross domestic product fell by 0.2% between July and September, a […]


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Eurozone Inflation Rate Rises to 10.7% as Recession Looms

October 31, 2022

Via: The Wall Street Journal

The annual rate of consumer-price inflation in the eurozone increased to double digits in October, reaching a record and highlighting the challenges facing the European Central Bank after it signaled a coming slowdown in the pace of its rate increases. […]