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Economy

Watch: What is inflation and what can be done about it?

Inflation is at a record high across the world.

Economy

As the war in Ukraine rages on, Europe braces itself for stagflation

The war in Ukraine has sent inflation in the eurozone soaring, threatening the post-pandemic recovery.

Economy

Ukraine war pushes eurozone's inflation to a record 7.5%

Energy prices are once again the main drivers behind soaring inflation, recording a 44.7% rise on an annual basis.

This will impact your life

Record high food prices to rise further as Ukraine war weighs in

Food inflation will be pushed even higher worldwide which can have devastating consequences in the poorest parts of the world.

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Money

COVID sees men’s suits fall out of fashion as indicator of inflation

Suits are out, sports bras are in as the UK's national statistics office announces changes to the basket of goods it uses to track consumer price inflation.

Money

Russians queue for cash as sanctions bite and hyperinflation looms

Russians wary that sanctions over the invasion of Ukraine would deal a crippling blow to their economy have been flocking to banks and ATMs for days.

Tech News

How to beat inflation: Top tips on living with rising living costs

Rising inflation is proving to be a jolt to everyone's spending. It's difficult to know how to make money stretch, but here are some top tips to help.

Europe News

Euroviews. Why is inflation so high in Europe & what can be done to slow it down?

Soaring energy prices are one of the main driving forces behind the rise in costs across the continent.

Europe News

Inflation in eurozone forecast to hit 4.8% amid soaring energy prices

Energy prices, supply chain bottlenecks, the Omicron variant and geopolitical tensions are all fuelling inflationary pressures.

Home

Energy crisis in Europe: How are countries dealing with soaring bills?

Energy costs are soaring across the continent and millions of households are struggling to cope. What are countries doing to address the problem?

Tech News

Turkey's inflation surges to highest level since 2002 at nearly 50%

Turkey has suffered from persistently high inflation for years, experiencing two currency crises since 2018.

Europe News

Belgian inflation rises to highest level since 1983

Wages in Belgium are automatically indexed against inflation, meaning workers pay increases at the same time.

USA

Watch: Microphone picks up Joe Biden insulting journalist

The president's office had no qualms about the insult, including it in their official transcript of the press conference.

United Kingdom

'I'm struggling big time': More turn to food banks as inflation soars

"I normally put something in the foodbank trolley but now it's my turn to need some help," said 45-year-old Heidi, who said she was struggling with price rises on "just everything".

Kazakhstan

Former anti-terror chief arrested over Kazakhstan protests

Dissatisfaction over gas prices snowballed into Kazakhstan's biggest demonstrations since it declared independence from the Soviet Union.

Turkey

Turkey's inflation hits a 19-year high of 36%

Turkey’s yearly inflation climbed by the fastest pace in 19 years, jumping to 36.08% in December, official data showed on Monday. The Turkish Statistical Institute said the consumer price index increased by 13.58% in December from the previous month.

Home

These were the world’s most expensive cities to live in in 2021

High inflation and supply chain problems have driven up prices in major cities around the world. Which was the most expensive to live in?

Money

Why is Turkey's currency crashing and what impact is it having?

Turkey's currency is at an all-time low, as citizens rush to convert their savings. The fall-out of all this could make things difficult for President Erdogan.

Economy

Inflation in eurozone hits record high of 4.9%

Consumer prices across the 19 countries that use the euro currency are rising at a record rate as a result of a huge spike in energy costs this year.

Hungary

Hungary to cap petrol and diesel prices as fuel costs surge

Petrol stations that charge more than the established cap could be shut down, the government has said.