Consumer Confidence Dented with Gas Prices Around $4.50 and Inflation Still Elevated

Conservatives push motion to scrap all federal gas taxes for rest of year - National

The affordability push, which calls for suspending the GST on gas and diesel, comes after the Liberals instituted a temporary suspension of the federal fuel excise tax last month.

Stark warning on UK grocery costs as prices soar

A report by the Energy and Climate Intelligence Unit suggests UK food inflation means grocery prices are unlikely to fully recover to pre-pandemic levels

Petrol pain: How fuel price hike complicates RBI’s inflation fight

Every Re 1 hike in petrol, diesel, CNG, and LPG costs feeds into inflationary pressures in the economy, and also indirectly impacts discretionary spending, hence hitting growth channels.

Consumer confidence dented with gas prices around $4.50 and inflation still elevated

U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices that have neared record levels

Bulgaria’s economic problems mounting due to lack of dialogue with Russia

Angel Georgiev said that Bulgaria could have cheaper electricity, but the prices are much higher "precisely because of the European Commission’s so-called green policy and anti-Russian sanctions"

Rising food prices could become a permanent problem, experts warn

A report suggests that UK food prices are on track to be 50 per cent higher by November compared to the start of the cost-of-living crisis