Tag Archives: consumer

Europe has become the main importer of US oil amid EU restrictions on Russian crude, Bloomberg reported on Friday citing data from the US Census Bureau. According to the report, from January to May this year, Europe imported roughly 213.1 million barrels of crude. This allowed the region to surpass …

The University of Michigan has revealed its consumer sentiment gauge has nosedived to a record low of 50.2 points on Friday. The figure stood nearly 10 points below predictions economic experts gave the Wall Street Journal and represented a drop of 8.2 points over the past month. Views on current …

Consumer prices in Britain jumped by 9% to hit a 40-year high last month, with the biggest price increases seen in food and energy, official figures from the UK’s Office for National Statistics revealed on Wednesday. The current rise in the consumer price index is the highest since the country …

Prices of consumer goods continue to soar across America, the latest official print of the Consumer Price Index confirmed on Wednesday, showing price growth at 8.3% over the last 12 months as of April. This marks the eleventh straight month of inflation registering over 5% and exceeds the 8.1% expected by …

The Estonian consumer price index saw a dramatic surge of 18.8% year-over-year in April, with prices advancing faster than they have been in decades, according to the latest data revealed by Statistics Estonia. The agency reported that prices for goods and services were 14.4% and 27.8% more expensive respectively in …

German chemical and consumer goods giant Henkel will continue doing business in Russia, according to the company’s Chairperson Simone Bagel-Trah. “This is sometimes viewed very critically by the public. So, it is important to me to stress we are fully applying all applicable sanctions,” she told shareholders on Monday during …

February consumer price inflation in Europe accelerated by 5.9% compared to last year’s 0.9% per annum, marking the fastest annual jump on record, Eurostat statistics agency said on Thursday. The indicator rose sharply from 5.1% in January. Prices spiked most in Lithuania (14.0%), Estonia (11.6%) and the Czech Republic (10.0%). …

UNCTAD expects the global economy to grow by 4.7% in 2021 compared to the previously forecast 4.3%. “The global recovery that began in the third quarter of 2020 is expected to continue through 2021, albeit with a good deal of unevenness and unpredictability, reflecting epidemiological, policy and coordination uncertainties,” the …

Got in debt borrowers remained the only way out The “bubble” of consumer credit is exhausted, not having lived through the pandemic coronavirus. The amount of arrears soared: the loans growth was 129%, and the volume of mortgage loans that are not serviced 30-60 days, increased by 125%. This was …

Got in debt borrowers remained the only way out The “bubble” of consumer credit is exhausted, not having lived through the pandemic coronavirus. The amount of arrears soared: the loans growth was 129%, and the volume of mortgage loans that are not serviced 30-60 days, increased by 125%. This was …