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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 ...
Italy is the only advanced country where inflation-adjusted wages declined between 1990 and 2020, data from the Organisation for Economic Cooperation and Development shows, leading to weak ...
ROME (Reuters) -Italy's economy performed unexpectedly well in the third quarter, data showed on Monday, offering a welcome boost for the country's new government as it plans extra borrowing to ...
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 ...
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 ...
Monetary inflation is a sustained increase in the money supply of a country (or currency area). Depending on many factors, especially public expectations, the fundamental state and development of the economy, and the transmission mechanism, it is likely to result in price inflation, which is usually just called "inflation", which is a rise in the general level of prices of goods and services.
When outgoing Prime Minister Mario Draghi took office 19 months ago Italian inflation was running at 1%. By the time his probable successor Giorgia Meloni takes charge it may have hit double ...
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 ...