Tag: inflation
Pay rises at fastest pace for over 20 years, but below inflation
Wages rose at their fastest rate since 2001 excluding the pandemic, but still lag behind rising prices. The post Pay rises at fastest pace for over 20 years, but below inflation appeared first on Rich TVX News Network.
Latest US Inflation Report Shows Six Straight Months of Slowing, Although Some Prices Still Rising
A December 2022 poll found just 25% of Americans believe the US economy is in a “good” position, and just 43% approved of US President Joe Biden’s performance as the nation’s leader. Still, an anticipated sweeping GOP victory in the November elections, driven by economic discontent, failed to materialize, and the party made only modest gains. The post Latest US Inflation Report Shows Six Straight…
Inflation in the West forces Vietnam factory lay-offs
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Lay-offs have swept through Vietnam’s manufacturing hubs as Western countries experience a drop in consumer demand. The purchasing power of shoppers in the United States and Europe, the two major Western markets for goods produced in Vietnam, has plummeted due to inflation and soaring energy costs caused by the war in Ukraine. Workers said their situation…
Biden-Harris Administration Releases Inflation Reduction Act Guidebook for Clean Energy and Climate Programs
Today, the White House released the first edition of a new resource titled Building a Clean Energy Economy: A Guidebook to the Inflation Reduction Act’s Investments in Clean Energy and Climate Action, which provides clear descriptions of the law’s tax incentives and funding programs to build a clean energy economy, lower energy costs, tackle climate change, and reduce harmful pollution. The Guidebook will help state, local,…
Inflation in France remains at historic high – report
November consumer prices in the EU’s second-largest economy jumped 7.1% from a year ago, official statistics show The French economy continued to be hampered by record inflation in November, defying economists’ expectations of pressure relief, the National Institute of Statistics and Economic Research (Insee) reported on Wednesday. According to its preliminary estimates, consumer prices surged 7.1% from a year earlier, matching October’s increase. Analysts surveyed…
Ghana protesters say Akufo-Addo ‘must go’ as inflation worsens
Protesters in Ghana are calling for President Nana Akufo-Addo to step down as the country faces a worsening economic crisis. Rising fuel prices and soaring inflation have angered people already struggling to get by. Al Jazeera’s @Ahmed Idris reports from Accra, Ghana. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/…