Tag: Inflation
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Transport fares take toll on inflation as it hits 23.6% in April
The pass-through effect of the 15 percent increase in transport fares has taken a heavy toll on the general prices of goods and services,...
Ukraine war will cause greatest price shock in 50 years – World Bank
The war in Ukraine is set to cause the "largest commodity shock" since the 1970s, the World Bank has warned.
A new forecast said the...
Workers’ wages have been undermined by inflation – TUC
The Trades Union Congress (TUC) has bemoaned the effect rising inflation is having on workers’ salaries, saying employees are now the worst-hit by the...
Inflation for March 2022 is projected to be 19.4% due to increases in food, transportation, and housing costs
Significant increases in the prices associated with food, transport, and housing have pushed the national year-on-year inflation for March 2022 to 19.4 percent.
This is...
The monster of lifestyle inflation and financial independence
I am of utmost certainty that everyone would love to be financially independent. A resounding yes is the answer I would get if I...