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price hikes

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PepsiCo products pulled from Carrefour stores over price hikes

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Gas and electricity bills 'nearly double in all EU capitals'

Electricity bills in all EU capitals have increased by 69% while gas costs have increased by a "staggering" 111% compared to 2021, according to new figures.

07/11/2022

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Germany to spend €200 billion to tackle high energy prices

Germany is paying a high price for its dependence on Russian gas, which accounted for 55% of its gas imports before the war in Ukraine.

29/09/2022

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Uncovering Europe

Soaring energy prices: How does the UK compare with Europe?

The UK's energy bills will jump by 80% a year from October. But how do Britain's prices compare with the rest of Europe? Who in Europe is paying the most? Who is paying the least?

08/09/2022

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Lithuania offers a large support package on energy prices

Up against an energy price catastrophe, the Lithuanian government will present a package of financial support which they say will be among the largest in the EU measured by the share of GDP.

07/09/2022

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UK faces 80% hike in energy bills as regulator raises price cap

Ofgem's move will see average annual household bills soar to £3,549 pounds (€4,204).

26/08/2022

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Inflation: What are governments doing to ease the financial pain?

As record inflation bleeds the pockets of people dry with rising living costs, can your government do anything to help? This is what some are doing.

09/08/2022

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Inflation explained: Your guide to what it is and how to deal with it

What is inflation, where does it come from and how to handle its fluctuation? Here’s everything you need to know about it.

08/08/2022

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McDonald’s hikes cheeseburger price in the UK amid soaring costs

After KFC and Nando, McDonald’s UK is also raising the prices of some items on its menu due to the rising cost of food.

27/07/2022

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Amazon Prime hikes subscription prices in Europe 'due to inflation'

From September, Amazon will charge its Prime subscribers €1 more per month in the latest sign that delivery costs are rising.

26/07/2022

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Bulgaria approves plan to support companies from high energy prices

Bulgaria had relied on Russia for 90% of its natural gas before Gazprom cut supplies in April.

16/05/2022

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Greece unveils new state aid scheme to combat rising electricity bills

Prime Minister Kyriakos Mitsotakis has expressed frustration that the European Union has not agreed on a joint response to the energy crisis.

05/05/2022

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Inflation in Turkey rises to 70%, a 20-year high

Russia’s invasion of Ukraine -- and the resulting surge in gas, oil and grain prices -- has compounded the situation in Turkey, a country reliant on imports.

05/05/2022

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Turkey cuts power to opposition leader’s home after protest

Kemal Kilicdaroglu vowed not to pay his electricity bills until the Turkish government withdrew the price increases.

21/04/2022

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Spain prepares economic support plan amid energy price spike

"This emergency plan in response to the war (in Ukraine) includes a set of measures that will protect economic sectors and Spaniards who are being most affected," Spanish PM Pedro Sánchez said.

28/03/2022

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Spanish truckers continue strike despite government aid on fuel prices

Spain's government unveiled a €1 billion proposal on Friday to reduce fuel prices.

25/03/2022

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Ireland smashed records for wind power in February, report reveals

Records have been broken but to meet climate targets, more wind power is needed.

07/03/2022

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Energy bills to rise €833 for average UK households

UK Chancellor Rishi Sunak says the government will set aside more than €10 billion to support customers.

03/02/2022

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Spain caps prices of COVID test kits amid surge in demand

Recent surveys have found that some home test kits were being sold for up to €10.

13/01/2022

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Soaring energy prices hit Polish public institutions

Last month, the prices of electricity and natural gas on the Warsaw Commodity Exchange reached the highest levels in its 20-year history, forcing authorities to lower VAT to zero on food starting 1 February.

11/01/2022

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Swedish furniture giant IKEA to hike prices due to supply chain issues

Container transport prices are at record levels following the outbreak of the pandemic, which has disrupted maritime logistics.

04/01/2022