The Food and Agriculture Organisation of the United Nations (FAO) recently reported that global food prices fell on a monthly basis in October. The price index for the basket of staple food commodities fell from 121.5 points to 120.6 points, but the price index for milk and dairy products rose for the first time in …
World Food Prices Are Falling, But Inflation In Slovenia Is Not Easing Read More »
The euro area recorded inflation of 2.9 percent in October, which is a significant drop from the 4.3 percent recorded in the previous month. And while euro inflation is declining, Slovenia, with high inflation of 6.9 percent, remains well above the euro area average. In October, Slovenia was well above the average for the single …
While public life on the left is loud with the argument that salaries in Hungary are humiliatingly low due to the government’s fault, and it has resulted in a cost of living crisis, the reality is completely different. A good example is that in two years, including this year as well as 2022, the real …
Left miscalculates again, as inflation won’t hurt lowest wages Read More »
Last week, Prime Minister Robert Golob was vehemently misleading when talking about his government’s tackling of inflation, but data from the Statistical Office of the Republic of Slovenia show in black and white that he was telling lies. Golob’s statement that inflation is lower than it was when his government took office is, of course, …
Deflation is good for the consumer and inflation is bad. I hope we can all agree on that. And the reason for it is simple – with inflation, we get fewer goods and services per unit of money in a given period of time than in previous periods. This is due to too much (cheap) …
While the Slovenian government is “putting out the fire with petrol,” planning a concrete pay rise for the public administration sector and preparing packages of solidarity to fight inflation, the Italian government is considering the possibility of reducing the value-added tax on bread and pasta to zero, and on meat and fish from 10 % …
