Drastic inflation in used cars. In Britain, new cars are already more expensive than new ones
For those who buy a used car in Britain, they may pay more for it than for a new car. Dealers have such a problem finding cars that 17 percent of cars less than a year old are now more expensive than their new, but now unavailable, equivalents. This was stated by the company Auto […]
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 […]
THE PERCENTAGE that worried the NBR, BANKRUPTCY due to huge energy bills. Dirty, warning
Illustrative image / Photo source: Pexels Dan Suciu, the NBR spokesman, spoke about Romania’s economic situation and the current energy crisis. “It is clear that a prolongation of the energy crisis with huge bills for companies can lead to a significant increase in the number of companies closing their doors. This is what we emphasize […]
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 […]
EET will probably end, Škoda is in crisis, there will be no gigafactory in the Czech Republic
The electricity and gas supplier Bohemia Energy will cease to exist. The company decided to voluntarily close down to prevent the impending bankruptcy. The company got into financial problems due to rising energy prices, which have become several times more expensive on the stock exchange since the beginning of the year. None of the customers […]
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 […]
A day in business: The next government will have to “pick up” the industry from its problems
The automotive industry is asking the government for help The return of Antivirus is at stake. This time only for the automotive industry. The most powerful man of the Volkswagen Group, Herbert Diess, came to the Czech Republic. The management of Škoda Auto is dealing with the government about the lack of chips and the […]