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international gas and oil prices, and war in Ukraine) have led to a rise in the inflation rate in Spain since March 2021. This has … August 2022, Spain had a year-on-year inflation rate above this average, but the trend has changed: in October, inflation … fell by 3.4 pp in Spain, while it had risen by 1.6 pp in the monetary union. Spain was the economy with the second lowest …
Persistent link: https://www.econbiz.de/10014278472
international gas and oil prices, and war in Ukraine) have led to a rise in the inflation rate in Spain since March 2021. This has … August 2022, Spain had a year-on-year inflation rate above this average, but the trend has changed: in October, inflation … fell by 3.4 pp in Spain, while it had risen by 1.6 pp in the monetary union. Spain was the economy with the second lowest …
Persistent link: https://www.econbiz.de/10013461014
real terms. Ninety five per cent of the income of medical schemes was derived from membership fees. The average real growth … rate of income was 8.4 per cent, while net assets increased by only 3 per cent. An average deficit of R11.02 million …
Persistent link: https://www.econbiz.de/10009480497
) Does GDP have uniform impact on financial development in heterogeneous income countries? (ii) Is the relationship non …, heterogeneity and endogeneity. They show that GDP has a positive impact on financial development in high and middle-income countries …
Persistent link: https://www.econbiz.de/10011976076
Evidence on the portfolio holdings and transaction patterns of households suggests that the burden of inflation is not evenly distributed. We build a monetary growth model consistent with key features of cross- sectional household data and use this framework to study the distributional impact of...
Persistent link: https://www.econbiz.de/10010292039
equilibrium is stable at any rate of unemployment; the long-run Phillips curve is horizontal. Second, income distribution varies … with the level of employment. Third, supplemented with a demand equation which allows for effects of both income … distribution and international competitiveness, the NAIRU ceases to be a "strong attractor". These characteristics to a certain …
Persistent link: https://www.econbiz.de/10011435299
French consumer price inflation (as measured by the HICP) rose by 6.2% in September 2022 as compared to September 2021, against 10% in the euro area. Inflation rose less rapidly in France than in the euro area primarily due to a less rapid rise in energy prices: energy prices contributed to...
Persistent link: https://www.econbiz.de/10014278172
Inflation in Austria started to rise from mid-2021 during recovery from the CORONA crisis. The Russian invasion in Ukraine and the heavy increases in energy prices made things worse and brought inflation to over 10%. The government did not enter direct formal negotiations with social partners...
Persistent link: https://www.econbiz.de/10014278197
Hungary has a history of high inflation rates. After the transformation period inflation reached up to 35% in the early 1990ies. Since then, economic policy measures contributed to signifi-cantly lower inflation and during the mid-2010s it was even close to zero. Inflation rates have begun to...
Persistent link: https://www.econbiz.de/10014278342
between income groups regarding the impact of inflation. In September, Dutch inflation exceeded that of the euro area by 7 … of 1300 euros for low income groups was also introduced. In 2023, by far the main measure will be an energy price cap …
Persistent link: https://www.econbiz.de/10014278364