Index – Economy – The central bank raised interest rates again

The Monetary Council of the Magyar Nemzeti Bank raised the central bank base rate by 15 basis points to 1.80 percent at its meeting on Tuesday, and also raised the interest rate corridor by the same amount, from 0.85 percent to 2.75 percent, MTI reported. Market analysts are also this size tightening was expected. The […]

Worst in 28 years. Industrial prices jumped by a tenth

Another report from the statisticians came that would not please Czech wallets. Year-on-year growth in industrial producer prices was higher by 9.9 percent, agricultural producer prices by 8.4 percent, construction work by 6.8 percent and market services for enterprises by 1.6 percent. “Prices last rose at such levels in March 1993. Prices continue to rise […]

Inflation in America is horrified, the Fed is forced to hoist interest rates?

Jakarta, CNBC Indonesia – Inflation in the United States (US) is again a concern. Because the current high inflation is predicted to last a long time, not just temporarily. Therefore, the US central bank (The Fed) may be forced to raise interest rates, so that inflation does not get out of control. The impact can […]

This will make food more expensive now. Manufacturers are already sending out price lists

You can also listen to the article in audio version. The world’s largest food company, Nestlé, announced an unprecedented sharp rise on Friday. “The current economic situation is forcing us to increase prices for selected product categories in the range of four to 13 percent,” Nestlé Czech spokesman Robert Kičina referred to supply disruptions and […]

Stocks New York: Dow gives way – inflation rises surprisingly | 13.10.21

NEW YORK (awp international) – The Dow Jones Industrial picked up on its recent losses on Wednesday. Investors were concerned that consumer price hikes in the US picked up again in September. The annual inflation rate surprisingly rose from 5.3 percent in the previous month to 5.4 percent. Economists had expected an unchanged rate on […]

Inflation is approaching 5%. In September, it climbed to 4.9 percent

“Domestic price increases continue on all fronts, which at least makes it easier to identify its causes – everything belongs to them,” said Raiffeisenbank analyst Vít Hradil. “Even in the foreseeable future, there is not much to bet on calming the situation. Adjustments to the price lists of large energy suppliers will only become more […]