The stable income of consumers has significantly dwindled, compelling the majority to adopt "smart shopping" strategies to save money
Food, alcohol, and tobacco will exhibit the highest annual rates at 6.9 percent in the Eurozone
The global surge in inflation from the “double whammy” of pandemic-related disruption and the Russian invasion of Ukraine has punished consumers in Europe over the past two years, with one “casualty” in Greece being the country’s iconic “souvlaki”, alternatively known the world over as “gyro”. According to market watchers in the country, the price of […]
Rise Attributed to Higher Food Prices
IMF Projects Global Inflation to Stand at 6.9 Percent in 2023
Figure double than the annual rate recorded in previous month, Sept. 2023
More ominously, the category “foods, alcohol and tobacco” – with foodstuffs dominating interest – was almost double than the overall rate, which totaled 7.5 percent.