One consequence of the meteoric rise in the price of fossil gas has been that cooking meals is now much more expensive. In the UK, food bank users declined potatoes as they couldn’t afford to boil them. In Germany, increased heating and
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Itay Goldstein, a professor of finance and economics at the Wharton School, talks to Penn Today about inflation, higher food and gas prices, and supply and demand. You may have noticed your paycheck is struggling to keep up with rising costs. The
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The cost of homes is soaring — and so is the cost of the lumber to build them. The price of cars and gas are up sharply, too, as are prices for products ranging from corn to computer chips. Now worries are
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The FINANCIAL — Home price momentum continued into early October, with annual median list price growth reaching double digits, according to Zillow’s Weekly Market Report. Although the frenetic pace of newly pending sales seems to be subsiding in a delayed seasonal slowdown, a
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The FINANCIAL — National Statistics Office of Georgia published data of Inflation rate in Georgia (September 2020) according to which the Consumer Price Index increased by 0.7 percent compared to the previous month, while the annual inflation rate amounted to 3.8 percent.
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The FINANCIAL – The global economic shock of the COVID-19 pandemic has driven most commodity prices down and is expected to result in substantially lower prices over 2020, the World Bank said in its April Commodity Markets Outlook.
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