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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 ...
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 ...
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 ...
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 ...
Inflation in New Zealand exceeded forecasts in July 2022, reaching 7.3%, which is the highest since 1990. [233] Economists at ANZ reportedly said they expected faster interest rate increases to counteract inflationary pressures. [234] In Fiji, inflation rose to 4.7% in April 2022 compared to –2.4% in 2021. [235]
Inflation lifted to its highest level since April last month, according to official data.
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.