Category: inflation rates

Turkey’s Annual Inflation Surges 73.5 Percent to 24-Year High

June 3, 2022
Business & Economyeconomic policieseconomyinflationinflation ratesMiddle EastPresident Tayyip ErdoganTurkeyWorld
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The annual inflation rate in Turkey jumped to its highest level in over two decades in May alongside a falling lira, according to official data released by the Turkish Statistical Institute (TUIK). The measure of inflation, Consumer Price Index (CPI), grew by 73.5 percent in May from a year back, a June 3 press release…

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On How Stagflation Arises

May 25, 2022
ChinaHong Konginflation ratesOpinionstagflationstagnationUS unemployment
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The worry of stagflation is spreading widely, as more disappointing economic data is released since the start of the rate hike. Regardless of the warning by authoritative scholars, the real side of the western world is still very strong. Inflation is certainly high, but stagnation is not yet seen. In the current context, to claim…

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Inflation Top Economic Concern for Americans: Gallup Poll

March 30, 2022
Business & Economyeconomygallup pollinflationinflation ratesPolicies & ImpactsUSUS economy
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Americans are increasingly concerned about rising inflation, which is at its highest point in almost 40 years, according to a new Gallup poll released March 29. The survey found that 17 percent of respondents named inflation as their top economic issue in March 2022, rising from 8 percent in January and 10 percent in February. Inflation was…

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Inflation Is Top Economic Concern for Americans: Gallup Poll

March 30, 2022
Business & Economyeconomygallup pollinflationinflation ratesPolicies & ImpactsUSUS economy
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Americans are increasingly concerned about rising inflation, which is at its highest level in almost 40 years, according to a new Gallup poll released on March 29. The survey found that 17 percent of respondents named inflation as their top economic issue in March, rising from 10 percent in February and 8 percent in January. Inflation was…

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US Consumer Sentiment In February Falls To Its Lowest Level In More Than A Decade

February 12, 2022
Business & EconomyBusinesses in COVID-19consumer confidenceeconomyinflationinflation ratespersonal financeUSUS economy
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U.S. consumer sentiment in early February unexpectedly declined to its lowest level in more than a decade, due to fears that rising levels of inflation would persist in the near term, according to a survey from the University of Michigan. The university report, which was released on Feb. 11, saw the consumer sentiment index tumble…

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