price increases News

ECB's Muller Warns: Fragmented Trade Relations Could Spike Prices Across Europe

ECB's Madis Muller warns that fragmented trade relations and global trade tensions could lead to higher prices in Europe, highlighting the challenges for the Eurozone's economy and...

South Korea Faces Unprecedented Price Surge in Food and Dining: A Deep Dive into Economic Impacts

South Korea is grappling with a wave of price increases across food and dining sectors, driven by a weaker won and rising raw material costs. Over 40 companies have raised prices, ...

Eurozone Inflation Dips to 2.4% in February: A Closer Look at the Numbers

The Eurozone's inflation rate slightly decreased to 2.4% in February, with significant price increases in services and food, alcohol, and tobacco. Croatia and Belgium reported the ...

Global IT Spending Set to Surge by 10% in 2025, Reaching $5.6 Trillion

Global IT spending is forecasted to grow by 10% in 2025, reaching $5.6 trillion. However, CIOs face challenges as price increases may absorb budget growth, impacting real IT spendi...

The Rising Cost of Living in Vietnam: A Shock for Overseas Vietnamese Returning Home

Overseas Vietnamese are returning to a Vietnam transformed by economic growth, facing shockingly high costs of living. From dining out to everyday groceries, the price increases ch...