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Germany has suffered an inflationary shock broadly commensurate with that of the Euro Area as a whole, with energy playing a slightly larger, food a somewhat smaller than average role. Because of differences in consumption patterns, the current inflationary surge hits low-income households...
Persistent link: https://www.econbiz.de/10013472774
Dutch inflation has risen steeply recently, despite unprecedented cuts in energy taxes and VAT, to a record high of 17% in September 2022. Energy has been by far the major driver of the inflation surge, but inflation has been broadening in 2022, with food price rises above 10% since July and...
Persistent link: https://www.econbiz.de/10013457551
This chapter examines the recent evolution of inflation and its drivers in Greece, as well as the policies undertaken to limit its increase and mitigate its impact on households and firms. Greece is an interesting case as the current inflationary episode and the challenges it creates for real...
Persistent link: https://www.econbiz.de/10013457564
French consumer price inflation (as measured by the HICP) rose by 6.2% in September 2022 as compared to September 2021 …
Persistent link: https://www.econbiz.de/10013457566
Like in other European countries, several supply shocks (bottlenecks related to the end of the pandemic, tensions in 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 been amplified by the functioning of energy...
Persistent link: https://www.econbiz.de/10013461014
Italian inflation has risen to 9.4% in September 2022. Energy goods have been the primary driver of the inflation surge since the fall of 2021, but price increases are now spreading to the whole economy, with 'core' inflation at 5.3%. Since Italy's industries heavily rely on gas as an energy...
Persistent link: https://www.econbiz.de/10013461016
accelerated in 2022 leading to a (year-on-year) inflation rate (HICP) of almost 19% in August 2022. The rise in energy prices hit …
Persistent link: https://www.econbiz.de/10013463957
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/10013463960
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/10013463962
This national case study will investigate recent inflationary developments in Croatia by combining quantitative analysis with a qualitative overview of policy making. It collects data regarding inflationary developments, wages and other key variables in Croatia's economy. The task of this study...
Persistent link: https://www.econbiz.de/10013468448