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ECB survey: Consumers expect further increase in inflation

Consumers do not see an easing of inflationary pressures, instead expecting further strengthening in the long term, according to the results of the European Central Bank's latest survey of consumer expectations. Average inflation expectations over the...

Despite the increase in spreads in the Ministry of Finance, they see a large reduction in debt

By Tasos Dasopoulos The estimate that inflation will jump this year to 8.5-9% on an annual basis does not only have the known negative consequences. If it is combined with the fact that growth will...

The residents of Istanbul are in despair: Inflation in the city is at 99.9%

Inflation in Turkey's biggest city, Istanbul, accelerated to 99.9% last month, according to the city's main business association. Annual price increases jumped from 91.1% in July, according to the Istanbul Chamber of Commerce (İTO) in its price...

Pictet: Deep recession in the winter in the Eurozone with double-digit inflation – Triple the cost of energy

Her Eleftherias Kourtalis Pictet Wealth Management is revising its eurozone GDP forecast due to a further worsening of the energy shock and a deeper recession to hit in the winter. It now expects growth to slow...