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Italians were supposed to be on a “pasta strike” this week but it was called off after prices for the national staple started to fall. Zoom out, though, and global food prices are still far ...
An August 2024 survey of inflation expectations showed consumers predicting 2.3% average inflation over the next three years, the lowest figure since the survey was created in 2013. [186] Following Trump's tariff threats, long-term inflation expectations rose to 3.3 percent in January 2025 from 3.0 percent in December, the highest level since ...
Troublesomely high inflation rates may have an overlooked metric at their source: soaring insurance costs. But don't take our word for it, just listen to Federal Reserve Chair Jerome Powell.
ROME (Reuters) -Italy approved on Thursday a new aid package worth around 17 billion euros ($17.4 billion) to help shield firms and families from surging energy costs and rising consumer prices.
Italy is the largest hub for luxury goods in Europe and the third-largest luxury hub globally. [45] [46] Italy has a strong cooperative sector, with the largest share of the population (4.5%) employed by a cooperative in the EU. [47] Despite these important achievements, the country's economy today suffers from few structural and non-structural ...
Europe inflation protests are ongoing protests across Europe against the growing cost of living and inflation. [1] [2] The rise of prices has been attributed to the 2022 Russian invasion of Ukraine. [1] The protests have been reported in France, Germany, Romania, and Czech Republic. [3] [2] [4]
The 2022 Italian government crisis was a political event in Italy that began on 14 July. [1] [2] [3] It includes the events that followed the announcement of Giuseppe Conte, leader of the Five Star Movement (M5S) and former Prime Minister of Italy, that the M5S would withdraw its support to the national unity government of Mario Draghi over a bill regarding an economic stimulus to combat the ...
Worker unions in Italy, representing car makers Stellantis NV (NYSE: STLA), and Ferrari NV (NYSE: RACE), are planning to ask for a wage rise to counter inflation. The union bodies, Reuters ...